For the readers interested in the stock health of The Timken Company (TKR). It is currently valued at $73.91. When the trading was stopped its value was $71.54.Recently in News on December 7, 2021, Timken Leverages Rollon® Brand for Strong Performance in Linear Motion. Organic sales growth for Rollon products expected to outperform average company organic sales growth in 2021 and deliver double-digit CAGR through 2025. You can read further details here
The Timken Company had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $75.50 on 01/07/22, with the lowest value was $68.86 for the same time period, recorded on 01/03/22.
The Timken Company (TKR) full year performance was -13.75%
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, The Timken Company shares are logging -20.00% during the 52-week period from high price, and 17.39% 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 $62.96 and $92.39.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 608546 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 The Timken Company (TKR) recorded performance in the market was 6.67%, having the revenues showcasing 3.78% 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 5.66B, as it employees total of 17000 workers.
Specialists analysis on The Timken Company (TKR)
During the last month, 6 analysts gave the The Timken Company a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 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 70.40, with a change in the price was noted +0.10. In a similar fashion, The Timken Company posted a movement of +0.14% for the period of last 100 days, recording 531,353 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 TKR is recording 0.63 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.62.
Trends and Technical analysis: The Timken Company (TKR)
Raw Stochastic average of The Timken Company in the period of last 50 days is set at 70.40%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 87.32%. In the last 20 days, the company’s Stochastic %K was 75.84% and its Stochastic %D was recorded 75.93%.
Now, considering the stocks previous presentation, 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 6.67%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -2.52%, alongside a downfall of -13.75% for the period of the last 12 months. The shares increased approximately by -1.10% in the 7-day charts and went down by 13.76% in the period of the last 30 days. Common stock shares were driven by 3.78% during last recorded quarter.