Chevron Corporations in-depth stock price analysis indicates that the stock price has rallied 3.53% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 11.58% . Looking at the past 52 week period, the stock price is up at 32.33% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Chevron Corporation has a positive value of 23.38 compared to overall market. Chevron Corporation (NYSE:CVX) has tumbled 0.46% during the past week and has dropped 2.86% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.26%. Chevron Corporation (NYSE:CVX) has underperformed the index by 4.6% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Chevron Corporation (NYSE:CVX) : On Friday heightened volatility was witnessed in Chevron Corporation (NYSE:CVX) which led to swings in the share price. The stock opened for trading at $112.75 and hit $113.45 on the upside , eventually ending the session at $113.05, with a gain of 0.7% or 0.79 points. The heightened volatility saw the trading volume jump to 6,194,334 shares. The 52-week high of the share price is $119 and the company has a market cap of $213,412 million. The 52-week low of the share price is at $80.64 .
Chevron Corporation Last issued its quarterly earnings results on Jan 27, 2017. The company reported $0.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.46. Analyst had a consensus of $0.68. The company had revenue of $31497.00 million for the quarter, compared to analysts expectations of $32961.41 million. The companys revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.31 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Chevron Corporation was Downgraded by HSBC Securities to Hold on Jan 10, 2017. Chevron Corporation was Upgraded by BofA/Merrill to Buy on Jan 4, 2017. Chevron Corporation was Upgraded by Macquarie to Outperform on Dec 15, 2016. Chevron Corporation was Upgraded by CLSA to Buy on Nov 15, 2016.
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Pierre R Breber (Executive Vice President) sold 45,000 shares at 111.80 per share price.On Nov 18, 2016, R. Hewitt Pate (VP and General Counsel) sold 25,500 shares at 108.20 per share price.On Nov 7, 2016, Linnet F Deily (director) sold 5,637 shares at 105.27 per share price.
Chevron is the fifth-largest integrated energy company in the world. Headquartered in San Ramon, California, and conducting business in approximately 180 countries, this highly competitive corporation is engaged in every aspect of the oil and natural gas industry, including exploration and production; refining, marketing and transportation; chemicals manufacturing and sales; and power generation.