Murphy Oil Corp. (NYSE: MUR) is -5.79% lower on its value in year-to-date trading and has touched a low of $36.95 and a high of $49.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MUR stock was last observed hovering at around $39.79 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $40.19, the stock is -2.06% and -2.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 1.01% at the moment leaves the stock -5.31% off its SMA200. MUR registered -5.17% loss for a year compared to 6-month gain of 4.63%.
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The stock witnessed a -1.90% loss in the last 1 month and extending the period to 3 months gives it a -13.05%, and is -4.26% 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 2.18% over the week and 2.14% over the month.
Murphy Oil Corp. (MUR) has around 725 employees, a market worth around $6.13B and $3.40B in sales. Current P/E ratio is 11.20 and Fwd P/E is 7.26. Profit margin for the company is 16.45%. Distance from 52-week low is 8.77% and -18.21% from its 52-week high. The company has generated returns on investments over the last 12 months (7.83%).
The EPS is expected to shrink by -9.14% this year
The shares outstanding are 152.75M, and float is at 143.92M with Short Float at 4.21%.
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).