Murphy USA, Inc. stock trades under the ticker MUSA & has shown recent bullishness that traders & investors should take a closer look into.
MUSA stock closed at $182.96/share on 3/14/2022.
Murphy USA, Inc. MUSA Stock’s Technicals Broken Down
MUSA Stock Price: $182.96
10 Day Moving Average: $177.54
50 Day Moving Average: $186.15
200 Day Moving Average: $165.99
RSI: 52.91
MACD: -2.275
Yesterday, MUSA stock completed a bullish MACD crossover, while breaking out above its 10 day moving average.
Their RSI is neutral, showing that they have much more room to move to the upside before the market considers their shares to be overbought.
In 2022, MUSA stock has traded on higher than average volume compared to the year prior.
The next price levels I am watching them at are $184.47, $184.96, before the $186.22 resistance level.
Murphy USA, Inc. MUSA Stock As A Long-Term Investment
Long-term oriented investors will like MUSA stock’s P/E (ttm) at 12.15, but may find their P/B (mrq) a bit rich at 5.58.
Their most recent reporting showed 76.6% Quarterly Revenue Growth Y-o-Y, with 78.4% Quarterly Earnings Growth Y-o-Y reported.
Their balance sheet will require a closer examination though, with Total Cash (mrq) of $256.4M & Total Debt (mrq) of $2.24B.
MUSA stock pays a modest 0.59% dividend, which looks very safe as their payout ratio is only 6.97%.
85.2% of MUSA stock’s outstanding share float is held by institutional investors.
Murphy USA, Inc. MUSA Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to hedge against volatility while also capturing gains from MUSA stock’s momentum.
I am looking at the contracts with the 4/14 expiration date.
The $185 calls look appealing, although relatively illiquid, and the $180 calls would look interesting if they had open interest.
I expect there to be more contracts written in the coming days, as this Friday is an expiration date for their March options contracts.
The $195 puts have open interest, but very limited.
Tying It All Together
All-in-all, MUSA stock has many appealing characteristics that traders & investors should research further.
Investors will like their safe, yet modest dividend, as well as their valuation, but may want to do more research into the structure of their balance sheet.
Short-term traders will like their current momentum, but will want to see more liquidity in next month’s options contracts.
MUSA stock is worth taking a closer look at, regardless of your trading style.
*** I DO NOT OWN SHARES OF MUSA STOCK ***