Shell (LON:SHEL) Shares Up 0.1% – What’s Next?

Shell plc (LON:SHEL) shot up 0.1% during mid-day trading on Monday . The company traded as high as GBX 2,585.22 ($32.34) and last traded at GBX 2,567.99 ($32.13). 7,716,791 shares were traded during trading, a decline of 4% from the average session volume of 8,064,631 shares. The stock had previously closed at GBX 2,566.50 ($32.11).

Wall Street Analyst Weigh In

Several analysts have recently commented on SHEL shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Shell in a research report on Tuesday, September 24th. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,200 ($40.04) target price on shares of Shell in a research report on Monday, December 16th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 3,366.67 ($42.12).

Shell Stock Performance

The company has a current ratio of 1.41, a quick ratio of 0.87 and a debt-to-equity ratio of 40.32. The stock has a market capitalization of £160.37 billion, a price-to-earnings ratio of 1,206.98, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51. The firm’s fifty day moving average price is GBX 2,518.26 and its 200 day moving average price is GBX 2,626.59.

Shell Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.34 per share. This represents a yield of 1.06%. The ex-dividend date was Thursday, November 14th. Shell’s dividend payout ratio (DPR) is 4,883.72%.

About Shell

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.