NumerixS Investment Technologies Inc acquired a new stake in Occidental Petroleum Corporation (NYSE:OXY) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 25,616 shares of the oil and gas producer’s stock, valued at approximately $1,706,000. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company.
Technical Stock Analysis
Occidental Petroleum Corporation (NYSE:OXY), a Basic Materials sector firm, traded 10.28 Million shares in last trading session and stock plummeted -1.35% with closing price of $50.61 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Occidental Petroleum Corporation (NYSE:OXY)’s gross margin stands at 62.20%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Occidental Petroleum Corporation (NYSE:OXY)’s profitability or to compare the efficiency of different investments, hence, OXY return on investment (ROI) is 9.50%.
52-Week Range
52-Week Range are valuable stats for watching Occidental Petroleum Corporation (NYSE:OXY)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Occidental Petroleum Corporation (NYSE:OXY)’s stock value has moved between $46.86 – 87.26 in last one year.
Analyst’s Views
Analysts mean target price for Occidental Petroleum Corporation (NYSE:OXY) is $70.22 while analysts mean recommendation is 2.60.
Stock Performance
Its weekly performance is 2.64% while year to date (YTD) performance is -17.55%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Occidental Petroleum Corporation (NYSE:OXY)’s EPS growth this year is 216.80%. For best decision making investors should look at Occidental Petroleum Corporation (NYSE:OXY)’s EPS growth for next year stands at -5.85%.
