Let’s start up with the current stock price of Tenneco Inc. (TEN), which is $16.24 to be very precise. The Stock rose vividly during the last session to $16.50 after opening rate of $15.63 while the lowest price it went was recorded $15.06 before closing at $15.52.Recently in News on May 5, 2022, Tenneco Reports First Quarter 2022 Results. Company on-track to complete pending transaction with Apollo Funds in the second half of 2022. You can read further details here
Tenneco Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $19.50 on 02/23/22, with the lowest value was $9.51 for the same time period, recorded on 02/14/22.
Tenneco Inc. (TEN) full year performance was 21.10%
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, Tenneco Inc. shares are logging -28.62% during the 52-week period from high price, and 70.77% 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 $9.51 and $22.75.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 2091640 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 Tenneco Inc. (TEN) recorded performance in the market was 43.72%, having the revenues showcasing 57.06% 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 1.39B, as it employees total of 71000 workers.
Tenneco Inc. (TEN) in the eye of market guru’s
During the last month, 0 analysts gave the Tenneco Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 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 14.84, with a change in the price was noted +5.89. In a similar fashion, Tenneco Inc. posted a movement of +56.91% for the period of last 100 days, recording 1,789,198 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 TEN is recording 59.71 at the time of this writing. In addition, long term Debt to Equity ratio is set at 59.04.
Tenneco Inc. (TEN): Stocks Technical analysis and Trends
Raw Stochastic average of Tenneco Inc. in the period of last 50 days is set at 37.06%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 45.90%. In the last 20 days, the company’s Stochastic %K was 25.56% and its Stochastic %D was recorded 13.10%.
If we look into the earlier routines of Tenneco Inc., 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 43.72%. Additionally, trading for the stock in the period of the last six months notably improved by 26.28%, alongside a boost of 21.10% for the period of the last 12 months. The shares increased approximately by -0.98% in the 7-day charts and went up by -9.32% in the period of the last 30 days. Common stock shares were driven by 57.06% during last recorded quarter.