Thursday, December 20, 2012

Exxon rises slowly to $89


 Exxon: After a hight of $93 mid-October the Exxon stock price fell to $86. Since mid-November the price rises slowly to $89 now. With the iPhone App Donkey Stocks a stock price of $89 fits with a decrease in earnings per share of 2.4%. The parameters are: actual EPS=2.06, time=6 years, reference interest rate=4%.
Will the Exxon stock price again reach $93?

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