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Advanced Drainage Systems Inc. (WMS): These Numbers are Too Good to be true

Let’s start up with the current stock price of Advanced Drainage Systems Inc. (WMS), which is $136.82 to be very precise. The Stock rose vividly during the last session to $136.90 after opening rate of $125.00 while the lowest price it went was recorded $123.40 before closing at $120.45.Recently in News on August 4, 2022, Advanced Drainage Systems Announces Quarterly Cash Dividend. Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the “Board”) has approved a quarterly cash dividend to its shareholders in the amount of $0.12 per share, a 9% increase over the prior year dividend amount. You can read further details here

Advanced Drainage Systems 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 $137.92 on 01/05/22, with the lowest value was $80.81 for the same time period, recorded on 06/22/22.

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Advanced Drainage Systems Inc. (WMS) full year performance was 12.09%

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, Advanced Drainage Systems Inc. shares are logging -0.87% during the 52-week period from high price, and 69.31% 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 $80.81 and $138.02.

The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1764135 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 Advanced Drainage Systems Inc. (WMS) recorded performance in the market was 0.51%, having the revenues showcasing 27.30% 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 10.75B, as it employees total of 5635 workers.

The Analysts eye on Advanced Drainage Systems Inc. (WMS)

During the last month, 0 analysts gave the Advanced Drainage Systems Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 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 105.72, with a change in the price was noted +21.28. In a similar fashion, Advanced Drainage Systems Inc. posted a movement of +18.42% for the period of last 100 days, recording 539,773 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 WMS is recording 1.06 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.03.

Technical rundown of Advanced Drainage Systems Inc. (WMS)

Raw Stochastic average of Advanced Drainage Systems Inc. in the period of last 50 days is set at 99.86%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 99.83%. In the last 20 days, the company’s Stochastic %K was 98.59% and its Stochastic %D was recorded 98.06%.

Considering, the past performance of Advanced Drainage Systems 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 0.51%. Additionally, trading for the stock in the period of the last six months notably improved by 18.77%, alongside a boost of 12.09% for the period of the last 12 months. The shares increased approximately by 18.55% in the 7-day charts and went down by 45.38% in the period of the last 30 days. Common stock shares were driven by 27.30% during last recorded quarter.

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