Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Fortive Corporation’s current trading price is -8.57% away from its 52-week high, while its distance from the 52-week low is 21.59%. The stock’s price range over this period has fluctuated between $52.47 and $69.78. The company, operating within the financial sector, had a trading volume of approximately 2.26 million for the day, which was noticeably higher than the average daily share volume of 2.1 million over the last 3 months.
The stock price for Fortive Corporation (FTV) currently stands at $63.80. The stock experienced a substantial increase in the last session, hitting $64.5403 after starting at $64.50. The stock’s lowest price was $63.46 before closing at $65.03.
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In terms of market performance, Fortive Corporation had a fairly even. The highest value for the stock in the past year was $69.78 on 02/09/23, and the lowest value was recorded at $52.47 on 07/14/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fortive Corporation (FTV) has experienced a quarterly decline of -4.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.62B and boasts a workforce of 18000 employees.
Fortive Corporation: What Analysts Are Saying
As of right now, 10 analysts are rating Fortive Corporation as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 7 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 66.18, with a change in price of -0.95. Similarly, Fortive Corporation recorded 2,006,987 in trading volume during the last 100 days, posting a change of -1.47%.
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 FTV stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.21.
FTV Stock Stochastic Average
Today’s raw stochastic average for Fortive Corporation over the last 50 days is 19.30%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 26.65%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 58.86% and 70.17%, respectively.
FTV 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. This year’s metric has recorded a Price decrease of -0.70%. However, over the past six months, we’ve seen a stronger performance of -5.07%. The price of FTV leaped by -2.33% over the last 30 days. And in the last five days, it has fallen by -2.01%.