Murphy Oil Corp. (MUR) concluded trading on Thursday at a closing price of $35.61, with 2.38 million shares of worth about $84.75 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.46% during that period and on October 03, 2024 the price saw a gain of about 2.83%. Currently the company’s common shares owned by public are about 152.75M shares, out of which, 142.36M shares are available for trading.
Stock saw a price change of 8.60% in past 5 days and over the past one month there was a price change of 0.68%. Year-to-date (YTD), MUR shares are showing a performance of -16.53% which decreased to -19.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.53 but also hit the highest price of $49.14 during that period. The average intraday trading volume for Murphy Oil Corp. shares is 1.70 million. The stock is currently trading 2.87% above its 20-day simple moving average (SMA20), while that difference is down -2.65% for SMA50 and it goes to -12.37% lower than SMA200.
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Murphy Oil Corp. (NYSE: MUR) currently have 152.75M outstanding shares and institutions hold larger chunk of about 82.49% of that.
The stock has a current market capitalization of $5.37B and its 3Y-monthly beta is at 2.19. PE ratio of stock for trailing 12 months is 9.38, while it has posted earnings per share of $3.80 in the same period. Its PEG reads 0.68 and has Quick Ratio of 0.76 while making debt-to-equity ratio of 0.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MUR, volatility over the week remained 3.42% while standing at 2.88% over the month.
Stock’s fiscal year EPS is expected to drop by -25.83% while it is estimated to increase by 21.97% in next year. EPS is likely to grow at an annualized rate of 13.70% for next 5-years, compared to annual growth of 12.35% 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 JP Morgan on August 15, 2024 offering a Neutral rating for the stock and assigned a target price range of between $50 and $47 to it. On April 11, 2024, Scotiabank Downgrade their recommendations, while on April 10, 2024, Barclays Initiated their ratings for the stock with a price target of $54. Stock get a Buy rating from ROTH MKM on March 20, 2024.
