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Shell (LON:SHEL) Stock Price Down 3.3% - Time to Sell?

Shell logo with Energy background

Shell plc (LON:SHEL - Get Free Report)'s share price dropped 3.3% on Wednesday . The company traded as low as GBX 2,498.96 ($34.14) and last traded at GBX 2,498.96 ($34.14). Approximately 7,274,173 shares traded hands during trading, a decline of 25% from the average daily volume of 9,752,743 shares. The stock had previously closed at GBX 2,584.50 ($35.31).

Shell Trading Down 3.3%

The company has a 50-day moving average price of GBX 2,502.58 and a two-hundred day moving average price of GBX 2,558.48. The stock has a market capitalization of £188.18 billion, a P/E ratio of 12.45, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51.

Shell Company Profile

(Get Free Report)

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.

Further Reading

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