Hess Corporation (NYSE:HES) shares, rose in value, with the stock price up by 0.50% to the previous day’s close as strong demand from buyers drove the stock to $131.73.
Actively observing the price movement in the recent trading, the stock is buoying the session at $131.07. The PE ratio was 18.24 over 12-month period. Referring to stock’s 52-week performance, its high was $161.69, and the low was $123.79. On the whole, HES has fluctuated by -0.61% over the past month.
With the market capitalization of Hess Corporation currently standing at about $40.74 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.94, with its dividend yield at 1.47%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HES’s technical picture suggests that short-term indicators denote the stock is a 75% 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 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.61, with the price of HES currently trading nearly -0.19% and -4.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.70, while the 7-day volatility ratio is showing 1.02% which for the 30-day chart, stands at 1.35%. Furthermore, Hess Corporation (HES)’s beta value is 0.63, and its average true range (ATR) is 3.00.
A comparison of Hess Corporation (HES) with its peers suggests the former has fared considerably weaker in the market. HES showed an intraday change of 0.50% in today’s session so far, and over the past year, it shrunk by -12.99%%.
Data on historical trading for Hess Corporation (NYSE:HES) indicates that the trading volumes over the past 3 months, they’ve averaged 1.97 million. According to company’s latest data on outstanding shares, there are 309.27 million shares outstanding.
Nearly 7.15% of Hess Corporation’s shares belong to company insiders and institutional investors own 77.76% of the company’s shares. The stock has fallen by -0.96% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HES stock heading into the next quarter.
