For the readers interested in the stock health of Allegheny Technologies Incorporated (ATI). It is currently valued at $12.58. When the transactions were called off in the previous session, Stock hit the highs of $12.72, after setting-off with the price of $11.75. Company’s stock value dipped to $11.6973 during the trading on the day. When the trading was stopped its value was $11.62.
Recently in News on October 29, 2020, ATI Announces Third Quarter 2020 Results. Delivering cost savings ahead of schedule. You can read further details here
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Allegheny Technologies Incorporated had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $20.91 on 01/02/20, with the lowest value was $4.95 for the same time period, recorded on 03/23/20.
Allegheny Technologies Incorporated (ATI) full year performance was -45.85%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Allegheny Technologies Incorporated shares are logging -47.95% during the 52-week period from high price, and 154.14% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.95 and $24.17.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2216303 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Allegheny Technologies Incorporated (ATI) recorded performance in the market was -39.11%, having the revenues showcasing 38.55% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.47B, as it employees total of 8100 workers.
Analysts verdict on Allegheny Technologies Incorporated (ATI)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 9.42, with a change in the price was noted +3.33. In a similar fashion, Allegheny Technologies Incorporated posted a movement of +36.00% for the period of last 100 days, recording 2,501,640 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ATI is recording 0.89 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.88.
Allegheny Technologies Incorporated (ATI): Technical Analysis
Raw Stochastic average of Allegheny Technologies Incorporated in the period of last 50 days is set at 96.87%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.87%. In the last 20 days, the company’s Stochastic %K was 89.02% and its Stochastic %D was recorded 90.06%.
Let’s take a glance in the erstwhile performances of Allegheny Technologies Incorporated, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -39.11%. Additionally, trading for the stock in the period of the last six months notably improved by 64.23%, alongside a downfall of -45.85% for the period of the last 12 months. The shares increased approximately by 24.80% in the 7-day charts and went down by 35.56% in the period of the last 30 days. Common stock shares were driven by 38.55% during last recorded quarter.