Exxon Mobil Corporation (XOM) : During the past 4 weeks, traders have been relatively bearish on Exxon Mobil Corporation (XOM), hence the stock is down -6.96% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.03% relative to the S&P 500. The 4-week change in the price of the stock is -6.61% and the stock has fallen -0.06% in the past 1 week.
Exxon Mobil Corporation has dropped 1.33% during the last 3-month period . Year-to-Date the stock performance stands at 15.59%. The stock has recorded a 20-day Moving Average of 0.48% and the 50-Day Moving Average is 2.75%.
Exxon Mobil Corporation (NYSE:XOM): The stock opened at $88.63 on Friday but the bulls could not build on the opening and the stock topped out at $88.74 for the day. The stock traded down to $87.79 during the day, due to lack of any buying support eventually closed down at $87.80 with a loss of -1.25% for the day. The stock had closed at $88.91 on the previous day. The total traded volume was 8,615,269 shares.
Also, Brokerage firm UBS maintains its rating on Exxon Mobil Corporation (NYSE:XOM). As per the latest information, the brokerage house lowers the price target to $86 per share from a prior target of $90. The shares have been rated Neutral. The rating by the firm was issued on August 1, 2016.
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas. The Company is involved in the manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a variety of specialty products. The Companys projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Chirag Oil project, the Tapis Enhanced Oil Recovery project, the Damar project, and the Barzan project, among others. The Company is conducting its operations and projects in the United States, Asia, Africa, Canada/South America, Europe and Australia/Oceania.