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. Year to date metric has recorded a loss of -23.47%.However, over the last six months, we can see a stronger performance of -7.92%. Over the last 30 days, the price of ASB has leaped by -0.06%. And in the last five days, it has surged by 5.18%.
At present, Associated Banc-Corp (ASB) has a stock price of $17.67. In the previous session, the stock saw a rise, peaking at $17.825 after an opening price of $17.56. The day’s lowest price was $17.52, and it closed at $17.34.
Associated Banc-Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $25.50 on 11/11/22, while the lowest price for the same period was registered at $14.47 on 05/16/23.
52-week price history of ASB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Associated Banc-Corp’s current trading price is -30.71% away from its 52-week high, while its distance from the 52-week low is 22.11%. The stock’s price range during this period has varied between$14.47 and $25.50. The Associated Banc-Corp’s shares, which operate in the Financial, saw a trading volume of around 1.95 million for the day, a figure considerably higher than their average daily volume of 1.41 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Associated Banc-Corp (ASB) has experienced a quarterly rise of 4.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.64B and boasts a workforce of 4200 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 16.91, with a change in price of -0.23. Similarly, Associated Banc-Corp recorded 1,569,476 in trading volume during the last 100 days, posting a change of -1.28%.
ASB’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 ASB stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.14.
ASB Stock Stochastic Average
Associated Banc-Corp’s raw stochastic average for the past 50 days is presently 51.09%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 77.98%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 63.33% and 46.45%, respectively.