Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. SM Energy Company’s current trading price is -50.06% away from its 52-week high, while its distance from the 52-week low is 11.31%. The stock’s price range during this period has varied between $24.66 and $54.97. The company, active in the Energy sector, saw a trading volume of around 2.21 million for the day, considerably higher average daily volume of 1.95 million observed over the last three months.
SM Energy Company (SM) currently has a stock price of $27.45. The stock saw a sharp increase in the last trading session, hitting a high of $28.48 after opening at $28.40. The lowest recorded price for the day was $27.06 before it closed at $28.77.
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SM Energy Company’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $54.97 on 06/08/22, and the lowest price during the same period was recorded at $24.66 on 03/24/23.
How Financial Performance Impacts Market Capitalization
SM Energy Company (SM) has experienced a quarterly decline of -8.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.33B and boasts a workforce of 539 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.51, with a change in price of -7.38. Similarly, SM Energy Company recorded 1,872,759 in trading volume during the last 100 days, posting a change of -21.19%.
How SM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SM stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.49.
SM Stock Stochastic Average
As of today, the raw stochastic average of SM Energy Company over the past 50 days is 42.21%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 55.20%. Additionally, the Stochastic %K and %D values for the company were 73.87% and 77.51%, respectively, over the past 20 days.
SM Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -21.19%.However, over the last six months, we can see a stronger performance of -38.47%. Over the last 30 days, the price of SM has fallen by 4.73%. And in the last five days, it has surged by 2.12%.