Baker Hughes Co (BKR) concluded trading on Wednesday at a closing price of $42.56, with 5.84 million shares of worth about $248.36 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.05% during that period and on December 04, 2024 the price saw a loss of about -2.54%. Currently the company’s common shares owned by public are about 989.09M shares, out of which, 988.42M shares are available for trading.
Stock saw a price change of -2.23% in past 5 days and over the past one month there was a price change of 11.50%. Year-to-date (YTD), BKR shares are showing a performance of 24.52% which increased to 26.10% 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 $45.17 during that period. The average intraday trading volume for Baker Hughes Co shares is 6.72 million. The stock is currently trading -2.13% below its 20-day simple moving average (SMA20), while that difference is up 7.31% for SMA50 and it goes to 21.57% higher than SMA200.
Baker Hughes Co (NASDAQ: BKR) currently have 989.09M outstanding shares and institutions hold larger chunk of about 94.65% of that.
The stock has a current market capitalization of $42.11B and its 3Y-monthly beta is at 1.37. PE ratio of stock for trailing 12 months is 19.06, while it has posted earnings per share of $2.23 in the same period. Its PEG reads 0.51 and has Quick Ratio of 0.88 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 BKR, volatility over the week remained 2.14% while standing at 2.60% over the month.
Stock’s fiscal year EPS is expected to rise by 44.63% while it is estimated to increase by 11.68% in next year. EPS is likely to grow at an annualized rate of 37.50% for next 5-years, compared to annual growth of 33.59% made by the stock over the past 5-years.
Coverage by Wells Fargo stated Baker Hughes Co (BKR) stock as an Overweight in their note to investors on September 25, 2024, suggesting a price target of $42 for the stock. Stock get an Outperform rating from TD Cowen on January 25, 2024.
