BHP Group Limited (NYSE:BHP) currently has a daily average trading volume of 3.05M but it saw 4124150 shares traded on Thursday. With a market cap of 148.90B USD, stock’s current market price of $57.58 came falling about -1.03 while comparing to the previous closing price of $58.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $71.52 and as low as $46.92. In the recent trading on the day, stock has struck highest price mark of $57.60 while lowest mark touched by it was $56.48.
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Taking a look at 20-day trading activity of BHP Group Limited (BHP) gives us an average price of $62.53, while its current price level is -19.49% below from 52-week high level whereas it is 22.72% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $65.66 while that of 200 days or SMA-200 reads an average of $58.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.54% during that period while stretching the period over a month that decreases to 1.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 31.94 which implies that the stock is in neutral territory.
Over the week, BHP’s stock price is moving -5.19% down while it is -14.26% when we observe its performance for the past one month. Year-to-date it is -7.20% down and over the past year, the stock is showing a downside performance of -0.33%.
The company is expected to be releasing its next quarterly report in 04/20/2023, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0.
Currently, BHP Group Limited’s total number of outstanding shares is 2.53B with 0.00% of that held by the insiders while 3.54% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 38.10% and return on equity (ROE) at 58.90%. It has a price to earnings ratio (P/E ratio) of 8.01. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 3.42 while price to sale or P/S ratio amounts to 2.47. Its return on asset (ROA) is 28.10% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Government Pension Fund – Global came shrinking its share ownership by 1,095.71% in the BHP Group Limited (BHP) increasing its stake to 1.46% with control over 33.9 million shares in the company. As per SEC documents, Government Pension Fund – Global shunned 36,995,882 of company’s common stock of worth $2.26 billion as per recent closing price of the stock. Government Pension Fund – Global is not the only institutional holder which restructured its stake in BHP Group Limited, as Harding Loevner International Equ dumped 7,277,045 shares of worth $443.68 million to bring its holdings to a total of -0.56 million shares.
