EOG Resources, Inc (NYSE:EOG) shares, rose in value, with the stock price up by 1.65% to the previous day’s close as strong demand from buyers drove the stock to $109.75.
Actively observing the price movement in the recent trading, the stock is buoying the session at $107.97. The PE ratio was 10.18 over 12-month period. Referring to stock’s 52-week performance, its high was $138.18, and the low was $102.52. On the whole, EOG has fluctuated by 4.56% over the past month.
With the market capitalization of EOG Resources, Inc currently standing at about $59.90 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.77, with its dividend yield at 3.44%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EOG’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 4.47, with the price of EOG currently trading nearly -0.25% and -6.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.49, while the 7-day volatility ratio is showing 2.78% which for the 30-day chart, stands at 3.85%. Furthermore, EOG Resources, Inc (EOG)’s beta value is 0.78, and its average true range (ATR) is 3.78.
A comparison of EOG Resources, Inc (EOG) with its peers suggests the former has fared considerably weaker in the market. EOG showed an intraday change of 1.65% in today’s session so far, and over the past year, it shrunk by -15.89%%.
Data on historical trading for EOG Resources, Inc (NYSE:EOG) indicates that the trading volumes over the past 3 months, they’ve averaged 4.06 million. According to company’s latest data on outstanding shares, there are 551.22 million shares outstanding.
Nearly 0.27% of EOG Resources, Inc’s shares belong to company insiders and institutional investors own 94.43% of the company’s shares. The stock has fallen by -10.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EOG stock heading into the next quarter.
