The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Albertsons Companies Inc.’s current trading price is -1.42% away from its 52-week high, while its distance from the 52-week low is 28.79%. The stock’s price range for this period has been between $18.28 and $23.88 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 17.06 million for the day, a number notably higher than the average daily volume of 3.56 million over the last three months.
Albertsons Companies Inc. (ACI) stock is currently valued at $23.54. During the last session, the stock experienced a remarkable rise, reaching $23.65 after opening at $23.48. The stock briefly dropped to $23.48 before ultimately closing at $23.50.
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
Albertsons Companies Inc.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $23.88 on 10/13/22 and a low of $18.28 for the same time frame on 03/20/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Albertsons Companies Inc. (ACI) has experienced a quarterly rise of 10.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.53B and boasts a workforce of 290000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.53, with a change in price of +2.73. Similarly, Albertsons Companies Inc. recorded 3,912,644 in trading volume during the last 100 days, posting a change of +13.12%.
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 ACI stands at 4.20. Similarly, the long-term debt-to-equity ratio is also 3.91.
ACI Stock Stochastic Average
As of today, Albertsons Companies Inc.’s raw stochastic average for the last 50 days stands at 87.41%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 85.89%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 87.83% and 89.81%, respectively.
ACI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 13.50%. However, over the last six months, the performance has been weaker by 19.61%. The price of ACI increased 7.98% over the last 30 days. And in the last five days, it has fallen by -0.38%.