Shell Plc ADR (NYSE:SHEL) shares, rose in value on Friday, January 03, with the stock price up by 2.20% to the previous day’s close as strong demand from buyers drove the stock to $64.49.
Actively observing the price movement in the recent trading, the stock is buoying the session at $63.10, falling within a range of $64.23 and $64.52. The value of beta (5-year monthly) is 0.488 whereas the PE ratio is 13.27 over 12-month period. Referring to stock’s 52-week performance, its high was $74.61, and the low was $60.15. On the whole, SHEL has fluctuated by -1.21% over the past month.
With the market capitalization of Shell Plc ADR currently standing at about $201.07 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.75, with its dividend yield at 4.27%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 294.19B, with a low estimate of 66.9B and a high estimate of 97.51B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 82.21B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SHEL’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 8.63, with the price of SHEL currently trading nearly 2.98% and -0.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.56, while the 7-day volatility ratio is showing 0.89% which for the 30-day chart, stands at 1.31%. Furthermore, Shell Plc ADR (SHEL)’s beta value is 0.53, and its average true range (ATR) is 0.92.
A comparison of Shell Plc ADR (SHEL) with its peers suggests the former has fared considerably weaker in the market. SHEL showed an intraday change of 2.20% in today’s session so far, and over the past year, it shrunk by -3.65%%.
Data on historical trading for Shell Plc ADR (NYSE:SHEL) indicates that the trading volumes over the past 10 days have averaged 3.46 and over the past 3 months, they’ve averaged 4.20 million. According to company’s latest data on outstanding shares, there are 3.12 billion shares outstanding.
Nearly 0.00% of Shell Plc ADR’s shares belong to company insiders and institutional investors own 11.67% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.12 million shares as on 2024-12-13, resulting in a short ratio of 1.29. According to the data, the short interest in Shell Plc ADR (SHEL) stood at 28.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 7.16 million. The stock has risen by 2.94% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SHEL stock heading into the next quarter.
