Murphy Oil Corp. (NYSE: MUR) is 3.56% higher on its value in year-to-date trading and has touched a low of $32.80 and a high of $49.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MUR stock was last observed hovering at around $44.64 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $44.18, the stock is -5.64% and 0.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing -1.03% at the moment leaves the stock 2.30% off its SMA200. MUR registered 21.61% gain for a year compared to 6-month gain of -1.65%.
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The stock witnessed a -5.88% loss in the last 1 month and extending the period to 3 months gives it a 14.16%, and is -4.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.40% over the week and 2.33% over the month.
Murphy Oil Corp. (MUR) has around 725 employees, a market worth around $6.74B and $3.45B in sales. Current P/E ratio is 10.47 and Fwd P/E is 7.54. Profit margin for the company is 19.18%. Distance from 52-week low is 34.70% and -10.09% from its 52-week high. The company has generated returns on investments over the last 12 months (9.13%).
The EPS is expected to grow by 2.74% this year
The shares outstanding are 152.75M, and float is at 143.91M with Short Float at 4.87%.
Murphy Oil Corp. (MUR) Insider Activity
The most recent transaction is an insider sale by Martinez Maria A, the company’s Vice President. SEC filings show that Martinez Maria A sold 10,000 shares of the company’s common stock on Mar 14 ’24 at a price of $43.35 per share for a total of $0.43 million. Following the sale, the insider now owns 40590.0 shares.
Murphy Oil Corp. disclosed in a document filed with the SEC on Mar 07 ’24 that GARDNER JOHN B (Vice President) sold a total of 40,000 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $40.82 per share for $1.63 million. Following the transaction, the insider now directly holds 25302.0 shares of the MUR stock.
Still, SEC filings show that on Mar 06 ’24, Vaughan Paul D. (Vice President & Controller) disposed off 6,000 shares at an average price of $39.61 for $0.24 million. The insider now directly holds 11,877 shares of Murphy Oil Corp. (MUR).
