BHP Group Limited ADR (NYSE:BHP) shares, rose in value, with the stock price up by 0.87% to the previous day’s close as strong demand from buyers drove the stock to $49.90.
Actively observing the price movement in the recent trading, the stock is buoying the session at $49.47, falling within a range of $49.825 and $50.3002. The value of beta (5-year monthly) is 0.859 whereas the PE ratio is 16.10 over 12-month period. Referring to stock’s 52-week performance, its high was $63.21, and the low was $48.06. On the whole, BHP has fluctuated by 1.42% over the past month.
With the market capitalization of BHP Group Limited ADR currently standing at about $126.56 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.92, with its dividend yield at 5.85%.
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 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 price of BHP currently trading nearly 1.37% and -1.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.59, while the 7-day volatility ratio is showing 1.31% which for the 30-day chart, stands at 1.29%. Furthermore, BHP Group Limited ADR (BHP)’s beta value is 1.06, and its average true range (ATR) is 0.77.
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 0.87% in today’s session so far, and over the past year, it shrunk by -18.60%%.
Data on historical trading for BHP Group Limited ADR (NYSE:BHP) indicates that the trading volumes over the past 10 days have averaged 2.6 and over the past 3 months, they’ve averaged 2.23 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 3.75% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.48 million shares as on 2024-12-31, resulting in a short ratio of 4.78. According to the data, the short interest in BHP Group Limited ADR (BHP) stood at 37.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 10.6 million. The stock has risen by 2.19% 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.
