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TEGNA Inc. (TGNA) Stock: Navigating a Year of Volatility

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. TEGNA Inc.’s current trading price is -27.12% away from its 52-week high, while its distance from the 52-week low is 7.65%. The stock’s price range for this period has been between $15.09 and $22.29 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 2.17 million for the day, a number notably higher than the average daily volume of 2.07 million over the last three months.

TEGNA Inc. (TGNA) stock is currently valued at $16.25. During the last session, the stock experienced a remarkable rise, reaching $16.28 after opening at $16.18. The stock briefly dropped to $15.73 before ultimately closing at $15.73.

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TEGNA Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $22.29 on 02/24/23, while the lowest value for the same period was recorded at $15.09 on 03/17/23.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

TEGNA Inc. (TGNA) has experienced a quarterly decline of -24.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.58B and boasts a workforce of 6300 employees.

TEGNA Inc.: What Analysts Are Saying

As of right now, 2 analysts are rating TEGNA Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.98, with a change in price of -4.56. Similarly, TEGNA Inc. recorded 1,844,569 in trading volume during the last 100 days, posting a change of -21.95%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TGNA stands at 0.97. Similarly, the long-term debt-to-equity ratio is also 0.97.

TGNA Stock Stochastic Average

As of today, TEGNA Inc.’s raw stochastic average for the last 50 days stands at 52.55%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 38.05%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 26.86% and 32.32%, respectively.

TGNA Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -23.34%. However, over the last six months, the performance has been stronger by -18.33%. The price of TGNA decreased -4.10% over the last 30 days. And in the last five days, it has surged by 1.98%.

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