Conoco Phillips (COP) concluded trading on Wednesday at a closing price of $102.98, with 6.36 million shares of worth about $654.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.89% during that period and on October 30, 2024 the price saw a gain of about 0.65%. Currently the company’s common shares owned by public are about 1.18B shares, out of which, 1.16B shares are available for trading.
Stock saw a price change of -1.46% in past 5 days and over the past one month there was a price change of -5.84%. Year-to-date (YTD), COP shares are showing a performance of -10.81% which decreased to -12.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $101.29 but also hit the highest price of $134.71 during that period. The average intraday trading volume for Conoco Phillips shares is 6.51 million. The stock is currently trading -4.18% below its 20-day simple moving average (SMA20), while that difference is down -4.59% for SMA50 and it goes to -9.73% lower than SMA200.
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Conoco Phillips (NYSE: COP) currently have 1.18B outstanding shares and institutions hold larger chunk of about 83.20% of that.
The stock has a current market capitalization of $119.59B and its 3Y-monthly beta is at 1.21. PE ratio of stock for trailing 12 months is 11.47, while it has posted earnings per share of $8.98 in the same period. Its PEG reads 2.55 and has Quick Ratio of 1.19 while making debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COP, volatility over the week remained 1.44% while standing at 1.66% over the month.
Stock’s fiscal year EPS is expected to drop by -12.46% while it is estimated to increase by 6.64% in next year. EPS is likely to shrink at an annualized rate of 4.50% for next 5-years, compared to annual growth of 11.22% 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 Wolfe Research on July 18, 2024 offering an Outperform rating for the stock and assigned a target price of $145 to it. Coverage by BofA Securities stated Conoco Phillips (COP) stock as a Buy in their note to investors on June 14, 2024, suggesting a price target of $147 for the stock. Stock get a Accumulate rating from Johnson Rice on November 14, 2023.
