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Why Marathon Oil's Stock is Trading Higher Today

January 12, 2021 10:16 am
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Why Marathon Oil's Stock is Trading Higher Today

The Price And Volume Action In Marathon Oil's Stock Today

Marathon Oil (NYSE:MRO) is currently up 6.15% to a price of $7.98. Tuesday the stock has been traded at a volume of 5.00 million, about 17.07% of its recent 30-day volume average of 29.30 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Marathon Oil shares are trading higher after Mizuho upgraded the stock from Neutral to Buy and announced a price target of $11 per share.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $6.1 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $13.47 and as low as $3.02.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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