Shell (LON:SHEL) Trading 0.1% Higher - Still a Buy?

Shares of Shell plc (LON:SHEL - Get Free Report) were up 0.1% during mid-day trading on Monday . The company traded as high as GBX 2,585.22 ($32.25) and last traded at GBX 2,567.99 ($32.04). Approximately 7,716,791 shares changed hands during trading, a decline of 4% from the average daily volume of 8,064,631 shares. The stock had previously closed at GBX 2,566.50 ($32.02).

Wall Street Analyst Weigh In

SHEL has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Shell in a research report on Tuesday, September 24th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 3,200 ($39.92) price target on shares of Shell in a report on Monday, December 16th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of GBX 3,366.67 ($42.00).

Shell Trading Up 1.5 %

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 50-day simple moving average of GBX 2,518.26 and a 200 day simple moving average of GBX 2,626.59. The company has a market cap of £161.73 billion, a price-to-earnings ratio of 1,217.21, a PEG ratio of 2.50 and a beta of 0.51.

Shell Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, November 14th were given a $0.34 dividend. The ex-dividend date was Thursday, November 14th. This represents a yield of 1.06%. Shell's dividend payout ratio is currently 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.