BHP Group Limited ADR (NYSE:BHP) shares, rose in value, with the stock price down by -0.72% to the previous day’s close as strong demand from buyers drove the stock to $48.02.
Actively observing the price movement in the recent trading, the stock is buoying the session at $48.37. The PE ratio was 10.74 over 12-month period. Referring to stock’s 52-week performance, its high was $63.21, and the low was $39.73. On the whole, BHP has fluctuated by 19.40% over the past month.
With the market capitalization of BHP Group Limited ADR currently standing at about $121.85 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.48, with its dividend yield at 5.16%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BHP’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 50% 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 price of BHP currently trading nearly 1.23% and 0.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.38, while the 7-day volatility ratio is showing 1.29% which for the 30-day chart, stands at 2.51%. Furthermore, BHP Group Limited ADR (BHP)’s beta value is 0.95, and its average true range (ATR) is 1.16.
A comparison of BHP Group Limited ADR (BHP) with its peers suggests the former has fared considerably weaker in the market. BHP showed an intraday change of -0.72% in today’s session so far, and over the past year, it shrunk by -15.54%%.
Data on historical trading for BHP Group Limited ADR (NYSE:BHP) indicates that the trading volumes over the past 3 months, they’ve averaged 3.17 million. According to company’s latest data on outstanding shares, there are 2.54 billion shares outstanding.
Nearly 0.00% of BHP Group Limited ADR’s shares belong to company insiders and institutional investors own 3.56% of the company’s shares. The stock has fallen by -1.65% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BHP stock heading into the next quarter.
