The trading price of Chevron Corp. (NYSE:CVX) closed higher on Monday, July 15, closing at $158.04, 1.57% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 14.55. In examining the 52-week price action we see that the stock hit a 52-week high of $171.70 and a 52-week low of $139.62. Over the past month, the stock has gained 2.48% in value.
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Chevron Corp., whose market valuation is $291.26 billion at the time of this writing. The dividend yield on the company stock is 3.97%, while its Forward Dividend ratio is 6.28. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest CVX has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 3.13, which symbolizes a positive outlook. A quick review shows that CVX’s price is currently 1.70% off the SMA20 and 0.02% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.82, and weekly volatility stands at 1.69%. When measured over the past 30 days, the indicator reaches 1.55%. Chevron Corp. (NYSE:CVX)’s beta value is currently sitting at 1.09, while the Average True Range indicator is currently displaying 2.61.
To see how Chevron Corp. stock has been performing in comparison to its peers in the industry, here are the numbers: CVX stock’s performance was 1.57% in the latest trading, and 0.34% in the past year. Chevron Corp. has a P/E ratio of 14.55.
An evaluation of the daily trading volume of Chevron Corp. (NYSE:CVX) indicates that the 3-month average is 7.09 million.
Currently, records show that 1.87 billion of the company’s shares remain outstanding. The insiders hold 0.03% of outstanding shares, whereas institutions hold 74.21%. However, since the stock’s price has seen 5.95% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
