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Royal Bank of Canada (RY) Stock: A Year of Stock Market Dynamics

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. Royal Bank of Canada’s current trading price is -17.00% away from its 52-week high, while its distance from the 52-week low is 5.63%. The stock’s price range over this period has fluctuated between $83.63 and $106.43. The company, operating within the financial sector, had a trading volume of approximately 0.89 million for the day, which was noticeably lower than the average daily share volume of 0.89 million over the last 3 months.

The stock of Royal Bank of Canada (RY) is currently priced at $88.34. In the last session, the stock climbed significantly, topping out at $92.63 after opening at $92.31. The day’s lowest price was $90.91 before the stock closed at $91.10.

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Royal Bank of Canada’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $106.43 on 06/06/22 and a low of $83.63 for the same time frame on 10/13/22.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Royal Bank of Canada (RY) has experienced a quarterly decline of -12.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 126.98B and boasts a workforce of 92662 employees.

Royal Bank of Canada: What Analysts Are Saying

As of right now, 2 analysts are rating Royal Bank of Canada as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 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 98.27, with a change in price of -5.30. Similarly, Royal Bank of Canada recorded 867,919 in trading volume during the last 100 days, posting a change of -5.64%.

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 RY stands at 3.36. Similarly, the long-term debt-to-equity ratio is also 0.11.

RY Stock Stochastic Average

Today’s raw stochastic average for Royal Bank of Canada over the last 50 days is 3.82%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 4.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 2.47% and 4.68%, respectively.

RY Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -6.04% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -12.37%. Over the past 30 days, the price of RY has leaped by -8.87%. And in the last five days, it has fallen by -6.81%.

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