Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -13.79%. However, over the past six months, we’ve seen a stronger performance of -2.37%. The price of BBY leaped by -3.11% over the last 30 days. And in the last five days, it has fallen by -6.48%.
The stock price for Best Buy Co. Inc. (BBY) currently stands at $69.15. The stock experienced a substantial increase in the last session, hitting $70.34 after starting at $70.34. The stock’s lowest price was $68.43 before closing at $69.49.
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In terms of market performance, Best Buy Co. Inc. had a fairly uneven. The highest value for the stock in the past year was $93.32 on 02/02/23, and the lowest value was recorded at $60.78 on 10/13/22.
52-week price history of BBY Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Best Buy Co. Inc.’s current trading price is -25.90% away from its 52-week high, while its distance from the 52-week low is 13.76%. The stock’s price range during this period has varied between$60.78 and $93.32. The Best Buy Co. Inc.’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 3.31 million for the day, a figure considerably higher than their average daily volume of 2.39 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Best Buy Co. Inc. (BBY) has experienced a quarterly decline of -16.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.66B and boasts a workforce of 90000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 78.91, with a change in price of -12.09. Similarly, Best Buy Co. Inc. recorded 2,264,399 in trading volume during the last 100 days, posting a change of -14.88%.
BBY’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BBY stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.42.
BBY Stock Stochastic Average
Best Buy Co. Inc.’s raw stochastic average for the past 50 days is presently 6.52%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 10.99%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.85% and 9.35%, respectively.