Spotify Technology S.A. (SPOT) is on the roll with an average volume of 1.51M in the recent 3 months

At the end of the latest market close, Spotify Technology S.A. (SPOT) was valued at $313.72. In that particular session, Stock kicked-off at the price of $308.16 while reaching the peak value of $323.39 and lowest value recorded on the day was $307.035. The stock current value is $314.24.

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Recently in News on January 5, 2021, Spotify Technology S.A. to Announce Financial Results for Fourth Quarter 2020. Spotify Technology S.A. (NYSE: SPOT) will post its fourth quarter 2020 financial results and letter to shareholders on Wednesday, February 3, 2021 before market open. You can read further details here


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Spotify Technology S.A. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $323.39 on 01/06/21, with the lowest value was $305.51 for the same time period, recorded on 01/04/21.

Spotify Technology S.A. (SPOT) full year performance was 101.41%

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, Spotify Technology S.A. shares are logging -9.29% during the 52-week period from high price, and 187.82% 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 $109.18 and $346.44.

The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1024379 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 Spotify Technology S.A. (SPOT) recorded performance in the market was -0.13%, having the revenues showcasing 26.43% 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 59.75B, as it employees total of 4405 workers.

Market experts do have their say about Spotify Technology S.A. (SPOT)

During the last month, 12 analysts gave the Spotify Technology S.A. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 5 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 273.55, with a change in the price was noted +60.58. In a similar fashion, Spotify Technology S.A. posted a movement of +23.88% for the period of last 100 days, recording 1,494,547 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 SPOT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.24.

Technical breakdown of Spotify Technology S.A. (SPOT)

Raw Stochastic average of Spotify Technology S.A. in the period of last 50 days is set at 72.79%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 21.33%. In the last 20 days, the company’s Stochastic %K was 18.27% and its Stochastic %D was recorded 15.12%.

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Bearing in mind the latest performance of Spotify Technology S.A., several 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 -0.13%. Additionally, trading for the stock in the period of the last six months notably improved by 16.71%, alongside a boost of 101.41% for the period of the last 12 months. The shares increased approximately by -1.32% in the 7-day charts and went up by -1.73% in the period of the last 30 days. Common stock shares were driven by 26.43% during last recorded quarter.

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