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WESCO International Inc. (WCC) Stock: Uncovering 52-Week Market Trends

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. WESCO International Inc.’s current trading price is -23.65% away from its 52-week high, while its distance from the 52-week low is 34.96%. The stock’s price range for this time frame has been between $99.00 and $175.00. The trading volume of the company’s shares in the Industrials reached around 0.66 million for the day, which was evidently higher than the average daily volume of 0.61 million over the last three months.

The current stock price for WESCO International Inc. (WCC) is $133.61. The stock experienced a significant increase during the last trading session, reaching $133.81 after opening at $128.21. It dipped to a low of $128.21 before ultimately closing at $127.73.

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WESCO International Inc.’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $175.00 on 03/06/23, and the lowest price during that time was $99.00, recorded on 07/14/22.

How Financial Performance Impacts Market Capitalization

WESCO International Inc. (WCC) has experienced a quarterly decline of -18.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.96B and boasts a workforce of 20000 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 144.78, with a change in price of +8.41. Similarly, WESCO International Inc. recorded 569,268 in trading volume during the last 100 days, posting a change of +6.72%.

How WCC’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 WCC stands at 1.22. Similarly, the long-term debt-to-equity ratio is also 1.22.

WCC Stock Stochastic Average

The raw stochastic average for WESCO International Inc. over the last 50 days is presently at 33.68%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 44.85%. Further, the company’s Stochastic %K and %D values for the last 20 days were 33.42% and 36.69%, respectively.

WCC Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 6.72% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 5.09%. Over the past 30 days, the price of WCC has leaped by -2.42%. And in the last five days, it has fallen by -1.94%.

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