At the end of the latest market close, ABM Industries Incorporated (ABM) was valued at $43.58. In that particular session, Stock kicked-off at the price of $43.79 while reaching the peak value of $45.24 and lowest value recorded on the day was $43.79. The stock current value is $44.88.Recently in News on December 15, 2021, ABM Announces “ELEVATE” Strategy for Value Creation and Growth at its 2021 Investor Day. Aims to Unlock Long-Term Value Through Strategic Focus on Client and Team Member Experiences and Industry-Leading Technology and Data Transformation. You can read further details here
ABM Industries Incorporated had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $45.24 on 01/13/22, with the lowest value was $40.42 for the same time period, recorded on 01/03/22.
ABM Industries Incorporated (ABM) full year performance was 6.73%
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, ABM Industries Incorporated shares are logging -19.11% during the 52-week period from high price, and 23.60% 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 $36.31 and $55.48.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 560833 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 ABM Industries Incorporated (ABM) recorded performance in the market was 9.87%, having the revenues showcasing -2.43% 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 2.99B, as it employees total of 124000 workers.
Analysts verdict on ABM Industries Incorporated (ABM)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 45.36, with a change in the price was noted -3.63. In a similar fashion, ABM Industries Incorporated posted a movement of -7.48% for the period of last 100 days, recording 386,931 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 ABM is recording 0.55 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.53.
ABM Industries Incorporated (ABM): Technical Analysis
Raw Stochastic average of ABM Industries Incorporated in the period of last 50 days is set at 60.13%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 94.71%. In the last 20 days, the company’s Stochastic %K was 70.26% and its Stochastic %D was recorded 61.07%.
Let’s take a glance in the erstwhile performances of ABM Industries Incorporated, 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 9.87%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -3.32%, alongside a boost of 6.73% for the period of the last 12 months. The shares increased approximately by 5.67% in the 7-day charts and went up by -2.31% in the period of the last 30 days. Common stock shares were lifted by -2.43% during last recorded quarter.