Imperial Oil Ltd (AMEX:IMO) shares, rose in value on Friday, January 03, with the stock price down by -0.18% to the previous day’s close as strong demand from buyers drove the stock to $62.41.
Actively observing the price movement in the last trading, the stock closed the session at $62.52, falling within a range of $61.34 and $62.52. The value of beta (5-year monthly) was 1.768 whereas the PE ratio was 9.32 over 12-month period. Referring to stock’s 52-week performance, its high was $80.17, and the low was $54.58. On the whole, IMO has fluctuated by -14.30% over the past month.
With the market capitalization of Imperial Oil Ltd currently standing at about $32.67 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.75, with its dividend yield at 2.81%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IMO’s technical picture suggests that short-term indicators denote the stock is a 100% 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 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.72, with the price of IMO currently trading nearly -5.23% and -11.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.75, while the 7-day volatility ratio is showing 1.91% which for the 30-day chart, stands at 2.50%. Furthermore, Imperial Oil Ltd (IMO)’s beta value is 1.46, and its average true range (ATR) is 1.63.
A comparison of Imperial Oil Ltd (IMO) with its peers suggests the former has fared considerably weaker in the market. IMO showed an intraday change of -0.18% in last session, and over the past year, it grew by 4.40%%.
Data on historical trading for Imperial Oil Ltd (AMEX:IMO) indicates that the trading volumes over the past 10 days have averaged 0.52 and over the past 3 months, they’ve averaged 485.47K. According to company’s latest data on outstanding shares, there are 523.40 million shares outstanding.
Nearly 67.70% of Imperial Oil Ltd’s shares belong to company insiders and institutional investors own 26.06% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.98 million shares as on 2024-12-13, resulting in a short ratio of 33.08. According to the data, the short interest in Imperial Oil Ltd (IMO) stood at 1129.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 16.46 million. The stock has risen by 1.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IMO stock heading into the next quarter.
