At present, Tapestry Inc. (TPR) has a stock price of $40.91. In the previous session, the stock saw a rise, peaking at $41.99 after an opening price of $41.99. The day’s lowest price was $40.735, and it closed at $41.94.
Tapestry Inc. experienced a rather steady stock market performance. The highest value in the past year was recorded at $47.48 on 02/02/23 and the lowest value was $27.53 on 09/30/22.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
52-week price history of TPR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Tapestry Inc.’s current trading price is -13.84% away from its 52-week high, while its distance from the 52-week low is 48.60%. The stock’s price range during this period has spanned from $27.53 to $47.48. In the Consumer Cyclical sector, the Tapestry Inc.’s shares surpassed a trading volume of approximately 3.36 million for the day, which was noticeably higher compared to the average daily volume of 9.3.27 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Tapestry Inc. (TPR) has experienced a quarterly decline of -5.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.73B and boasts a workforce of 12600 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 42.18, with a change in price of +3.19. Similarly, Tapestry Inc. recorded 3,394,583 in trading volume during the last 100 days, posting a change of +8.46%.
Examining TPR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TPR stands at 0.74. Similarly, the long-term debt-to-equity ratio is also 0.73.
TPR Stock Stochastic Average
Today, Tapestry Inc.’s raw stochastic average for the past 50 days stands at 54.16%, indicating a rise from the raw stochastic average of the last 20 days, which was 54.16%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 64.29% and 73.64% respectively.
TPR Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a gain of 7.43%.However, over the last six months, we can see a weaker performance of 18.37%. Over the last 30 days, the price of TPR has fallen by 1.44%. And in the last five days, it has fallen by -5.85%.