The stocks of CVX have been witness to quite a humongous increase in the short interest for the month of February, as reported by a 26th February research report. Currently, the company’s short interest has a total of around 18,170,000 shares, with an accredited increase of about 22.9% from the previous total of around 14,780,000 shares.
The Quarterly Estimates of CVX
The shares of CVX traded on Wednesday, where they hit $0.43. The market cap of the stock has been set at $208.18 billion, with a -17.47 PE ratio, along with a 5.74 PEG ratio, and a 1.33 beta. The moving average price of the company over a period of 50 days is $97.42, while the moving average price of the company over a period of 200 days is $85.86. The quick ratio of the company is 0.97, with a 0.26 debt-to-equity ratio. The year low of the company is $51.60, with the year high set at $112.70.
The stocks of the company recently updated their results of quarterly earnings on the 28th of January. The company for oil and gas reported an EPS of $0.01, which missed out on the consensus estimate set at $0.08. The revenue earned by the firm for the quarter was $25.25 billion, while the consensus estimate was $25.97 billion. The net margin of CVX was -10.86%, while the return on its equity was around 1.75%.
The business for CVX was also thought to be a quarterly dividend, which was already repaid on the 10th of March. Most of the investors kept on record were allowed a dividend of around $1.29 per share. The ex-dividend date was set for the 16th of February. This implies an annualized dividend of around $5.16, with a 4.77% yield. The payout ratio for the company currently stands at 82.30%.
