Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant loss of -14.06% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -22.17%. Over the past 30 days, the price of CRBG has fallen by 7.68%. And in the last five days, it has surged by 1.77%.
The stock of Corebridge Financial Inc. (CRBG) is currently priced at $17.24. In the last session, the stock climbed significantly, topping out at $17.265 after opening at $16.92. The day’s lowest price was $16.68 before the stock closed at $16.98.
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52-week price history of CRBG Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Corebridge Financial Inc.’s current trading price is -26.64% away from its 52-week high, while its distance from the 52-week low is 23.05%. The stock’s price range during this time has been between $14.01 and $23.50. The trading volume for the Financial sector company’s shares reached about 2.27 million for the day, which was higher than the average daily volume of 1.83 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Corebridge Financial Inc. (CRBG) has experienced a quarterly decline of -15.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.14B and boasts a workforce of 7700 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 18.41, with a change in price of -2.82. Similarly, Corebridge Financial Inc. recorded 1,730,946 in trading volume during the last 100 days, posting a change of -14.06%.
CRBG’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 CRBG stands at 1.04. Similarly, the long-term debt-to-equity ratio is also 0.91.
CRBG Stock Stochastic Average
Today, Corebridge Financial Inc.’s raw stochastic average for the past 50 days stands at 81.36%, indicating a rise from the raw stochastic average of the last 20 days, which was 75.90%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 75.57% and 82.50% respectively.