Baker Hughes Co (BKR) concluded trading on Wednesday at a closing price of $34.06, with 5.75 million shares of worth about $195.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.89% during that period and on September 04, 2024 the price saw a gain of about 0.21%. Currently the company’s common shares owned by public are about 997.71M shares, out of which, 992.33M shares are available for trading.
Stock saw a price change of -3.79% in past 5 days and over the past one month there was a price change of -1.30%. Year-to-date (YTD), BKR shares are showing a performance of -0.35% which decreased to -7.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.32 but also hit the highest price of $39.05 during that period. The average intraday trading volume for Baker Hughes Co shares is 6.11 million. The stock is currently trading -2.31% below its 20-day simple moving average (SMA20), while that difference is down -3.36% for SMA50 and it goes to 3.58% higher than SMA200.
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Baker Hughes Co (NASDAQ: BKR) currently have 997.71M outstanding shares and institutions hold larger chunk of about 93.88% of that.
The stock has a current market capitalization of $33.84B and its 3Y-monthly beta is at 1.37. PE ratio of stock for trailing 12 months is 17.24, while it has posted earnings per share of $1.98 in the same period. Its PEG reads 0.47 and has Quick Ratio of 0.86 while making debt-to-equity ratio of 0.38. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BKR, volatility over the week remained 2.13% while standing at 1.96% over the month.
Stock’s fiscal year EPS is expected to rise by 41.33% while it is estimated to increase by 18.94% in next year. EPS is likely to grow at an annualized rate of 36.55% for next 5-years, compared to annual growth of 33.59% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on July 29, 2024 offering a Buy rating for the stock and assigned a target price range of between $46 and $50 to it. On January 25, 2024, TD Cowen Reiterated their recommendations, while on July 12, 2023, BofA Securities Resumed their ratings for the stock with a price target of $38. Stock get an Overweight rating from CapitalOne on June 07, 2023.
