In the past 52-week period, shares of Murphy Oil Corporation (NYSE:MUR) have moved within the range of $22.21 to $34.90. On the stock’s most recent trading day, the company’s shares ended the regular session at $28.94, which is 17.08% lower than its 52-week high.
Murphy Oil Corporation (MUR) has demonstrated a 20-day simple moving average (SMA) of 1.70%, and a 50-day SMA of 6.61%. This public company’s current market capitalization stands at $5.02 billion.Analyzing Consensus Estimates, Sales Revenue and Net Income
Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Murphy Oil Corporation (MUR) is Hold.
Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Murphy Oil Corporation (MUR) delivered a 7.85% surprise with its net revenue. Sales reached $0.5 billion during the three-month period, compared to the average analyst estimate of $0.46 billion.
Meanwhile, during the same quarter Murphy Oil Corporation (MUR) delivered a -80.35% earnings surprise. Net earnings for the quarter were posted at -$0.03 per share, whereas Wall Street had forecast -$0.15 per share.Ownership at Murphy Oil Corporation (MUR), According to Most Recent SEC Filings
We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Murphy Oil Corporation (MUR) has 0 billion shares outstanding currently, 98.03% of which belong to institutional investors. Those institutional holdings amount to $4.89 billion.
Additionally, according to the most recent 13F filing from Murphy Oil Corporation (MUR), there were 41 new positions totaling 3,001,162 shares of the company’s stock. There were 67 sold out positions, on the other hand, totaling 3,200,398 shares.Short, Medium and Long Term Indicators
Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Murphy Oil Corporation (MUR) has had a 20-day average volume of 2,788,680 shares, with an average of 80% of short term indicators pointed at Buy.
The stock’s 50-day average volume has been 2,302,542 shares, with an average of 75% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 2,933,323 shares with 100% of long-term indicators pointing to Buy.