Exxon stock touches 52-week high and closes in green for a seventh consecutive day (XOM)

Exxon Mobil (NYSE:XOM) closed in green for a seventh consecutive day after having gained 4.1% over the last six trading sessions.

Shares of the oil and gas giant soared to a 52-week high of $122.15 on Friday before closing +1.4% at $121.36. The stock has gained 5.7% in value in the last 12 months.

XOM has closed in the green for all trading days in April so far. In March, it closed positively for 14 out of 20 sessions.

Seeking Alpha’s Quant rating system has given XOM a “Hold” rating with a score of 3.44 out of 5.

The Houston, Texas-based company has been graded A+ for profitability and C for momentum, while both its growth and valuation prospects have been graded D+.

Turning to the Wall Street community, nine analysts have given XOM a “Strong Buy”, while six are “Buy” on the stock. Ten analysts have given the stock a “Hold” recommendation. The company has no “Sell” ratings.

Seeking Alpha analysts, on average, see the stock as a “Buy”. SA contributor Leo Nelissen wrote in his March 11 report, “Exxon Mobil has a history of underperforming its peers during oil price rallies. While it has a size benefit, a healthy balance sheet, growth opportunities, and a strong dividend growth profile, I expect the stock to keep underperforming its peers. In this market, I prefer cheaper plays, companies with special dividends, and smaller plays capable of outperforming XOM. I remain bullish on Exxon, as it is not a bad stock.”