Let’s start up with the current stock price of Axalta Coating Systems Ltd. (AXTA), which is $29.53 to be very precise. The Stock rose vividly during the last session to $30.04 after opening rate of $29.61 while the lowest price it went was recorded $29.08 before closing at $29.02.Recently in News on March 14, 2023, Axalta launches new ICONICA collection in the United States for the Architectural and Construction Market. ICONICA presents the colors and tones that encapsulate a world that has changed. You can read further details here
Axalta Coating Systems Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $32.56 on 03/06/23, with the lowest value was $20.66 for the same time period, recorded on 10/10/22.
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Axalta Coating Systems Ltd. (AXTA) full year performance was 25.07%
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, Axalta Coating Systems Ltd. shares are logging -9.31% during the 52-week period from high price, and 42.93% 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 $20.66 and $32.56.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 4429838 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 Axalta Coating Systems Ltd. (AXTA) recorded performance in the market was 15.94%, having the revenues showcasing 15.26% 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 6.63B, as it employees total of 12000 workers.
Analysts verdict on Axalta Coating Systems Ltd. (AXTA)
During the last month, 12 analysts gave the Axalta Coating Systems Ltd. a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 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 26.99, with a change in the price was noted +6.20. In a similar fashion, Axalta Coating Systems Ltd. posted a movement of +26.58% for the period of last 100 days, recording 2,099,762 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 AXTA is recording 2.55 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.53.
Axalta Coating Systems Ltd. (AXTA): Technical Analysis
Raw Stochastic average of Axalta Coating Systems Ltd. in the period of last 50 days is set at 58.89%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 30.66%. In the last 20 days, the company’s Stochastic %K was 27.08% and its Stochastic %D was recorded 34.81%.
Let’s take a glance in the erstwhile performances of Axalta Coating Systems Ltd., 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 15.94%. Additionally, trading for the stock in the period of the last six months notably improved by 10.56%, alongside a boost of 25.07% for the period of the last 12 months. The shares increased approximately by -4.12% in the 7-day charts and went down by 1.62% in the period of the last 30 days. Common stock shares were driven by 15.26% during last recorded quarter.
