The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Consolidated Edison Inc.’s current trading price is -8.15% away from its 52-week high, while its distance from the 52-week low is 20.20%. The stock’s price range for this period has been between $78.10 and $102.21 The company’s shares, which are part of the Utilities sector, had a trading volume of approximately 4.78 million for the day, a number notably higher than the average daily volume of 1.83 million over the last three months.
The present stock price for Consolidated Edison Inc. (ED) is $93.88. In the last trading session, the stock made a considerable jump, reaching $94.78 after an opening price of $94.30. The stock briefly fell to $93.70 before ending the session at $94.65.
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Consolidated Edison Inc. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $102.21 on 09/12/22, while the lowest price for the same duration was marked at $78.10 on 10/13/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Consolidated Edison Inc. (ED) has experienced a quarterly rise of 1.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 32.59B and boasts a workforce of 14319 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 95.26, with a change in price of -2.09. Similarly, Consolidated Edison Inc. recorded 1,807,230 in trading volume during the last 100 days, posting a change of -2.18%.
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 ED stands at 1.04. Similarly, the long-term debt-to-equity ratio is also 0.99.
ED Stock Stochastic Average
As of today, Consolidated Edison Inc.’s raw stochastic average for the last 50 days stands at 28.60%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 2.67%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 4.09% and 5.61%, respectively.
ED Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -1.50% this year. Over the last six months, there has been a weaker performance of 0.37%. The price of ED leaped by -5.97% during the last 30 days period. For the last 5-days stocks have slided -2.72%.
