For the readers interested in the stock health of Callaway Golf Company (ELY). It is currently valued at $33.89. When the transactions were called off in the previous session, Stock hit the highs of $34.26, after setting-off with the price of $30.98. Company’s stock value dipped to $30.06 during the trading on the day. When the trading was stopped its value was $29.93.
Recently in News on May 10, 2021, Callaway Golf Company Announces Record Financial Results For The First Quarter Of 2021; Topgolf Acquisition Exceeds Expectations; And Callaway Increases Financial Projections. – First quarter 2021 consolidated Net Revenue of $652 million, a new record for the Company and a 47% increase compared to the first quarter of 2020. You can read further details here
Callaway Golf Company had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $34.26 on 05/11/21, with the lowest value was $23.75 for the same time period, recorded on 01/05/21.
Callaway Golf Company (ELY) full year performance was 160.49%
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, Callaway Golf Company shares are logging 3.99% during the 52-week period from high price, and 213.80% 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 $10.80 and $32.59.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 8658076 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Callaway Golf Company (ELY) recorded performance in the market was 41.15%, having the revenues showcasing 7.96% 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 6.22B, as it employees total of 4200 workers.
The Analysts eye on Callaway Golf Company (ELY)
During the last month, 6 analysts gave the Callaway Golf Company a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 28.05, with a change in the price was noted +10.23. In a similar fashion, Callaway Golf Company posted a movement of +43.24% for the period of last 100 days, recording 1,840,822 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 ELY is recording 1.02 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.96.
Technical rundown of Callaway Golf Company (ELY)
Raw Stochastic average of Callaway Golf Company in the period of last 50 days is set at 95.85%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 94.40%. In the last 20 days, the company’s Stochastic %K was 81.44% and its Stochastic %D was recorded 80.08%.
Considering, the past performance of Callaway Golf Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 41.15%. Additionally, trading for the stock in the period of the last six months notably improved by 97.61%, alongside a boost of 160.49% for the period of the last 12 months. The shares increased approximately by 17.39% in the 7-day charts and went down by 21.04% in the period of the last 30 days. Common stock shares were driven by 7.96% during last recorded quarter.