Exxon Mobil Corp (NYSE:XOM) shares, rose in value on Thursday, March 06, with the stock price up by 2.07% to the previous day’s close as strong demand from buyers drove the stock to $107.62.
Actively observing the price movement in the last trading, the stock closed the session at $105.44. The PE ratio was 13.71 over 12-month period. Referring to stock’s 52-week performance, its high was $126.34, and the low was $103.67. On the whole, XOM has fluctuated by -2.13% over the past month.
With the market capitalization of Exxon Mobil Corp currently standing at about $466.98 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 3.88, with its dividend yield at 3.61%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 340.36B, with a low estimate of 78.23B and a high estimate of 108.51B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 85.93B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XOM’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 1.41, with the price of XOM currently trading nearly -1.59% and -1.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.58, while the 7-day volatility ratio is showing 3.27% which for the 30-day chart, stands at 2.18%. Furthermore, Exxon Mobil Corp (XOM)’s beta value is 0.64, and its average true range (ATR) is 2.66.
A comparison of Exxon Mobil Corp (XOM) with its peers suggests the former has fared considerably weaker in the market. XOM showed an intraday change of 2.07% in last session, and over the past year, it grew by 3.12%%.
Data on historical trading for Exxon Mobil Corp (NYSE:XOM) indicates that the trading volumes over the past 3 months, they’ve averaged 15.95 million. According to company’s latest data on outstanding shares, there are 4.35 billion shares outstanding.
Nearly 0.18% of Exxon Mobil Corp’s shares belong to company insiders and institutional investors own 65.73% of the company’s shares. The stock has risen by 0.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XOM stock heading into the next quarter.
