Murphy USA Reaches New 52-Week High at $56.38 (MUSA)
Murphy USA (NASDAQ:MUSA) reached a new 52-week high during mid-day trading on Thursday , American Banking News.com reports. The company traded as high as $56.38 and last traded at $55.99, with a volume of 121,374 shares trading hands. The stock had previously closed at $54.98.
The stock’s 50-day moving average is $51.1 and its 200-day moving average is $46.45. The company has a market cap of $2.544 billion and a P/E ratio of 11.80.
Murphy USA (NASDAQ:MUSA) last announced its earnings results on Wednesday, August 6th. The company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.67. The company had revenue of $4.76 billion for the quarter, compared to the consensus estimate of $4.92 billion. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. On average, analysts predict that Murphy USA will post $3.32 earnings per share for the current fiscal year.
Murphy USA Inc consist primarily of retail marketing of motor fuel products and convenience merchandise through a large chain of 1,172 retail stations owned and operated by Murphy USA, almost all of which are in close proximity to Walmart stores.
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