Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Delta Air Lines Inc.’s current trading price is -21.05% away from its 52-week high, while its distance from the 52-week low is 44.58%. The stock’s price range over this period has fluctuated between $27.20 and $49.81. The company, operating within the financial sector, had a trading volume of approximately 2.3 million for the day, which was noticeably lower than the average daily share volume of 9.68 million over the last 3 months.
The stock of Delta Air Lines Inc. (DAL) is currently priced at $39.33. In the last session, the stock climbed significantly, topping out at $40.11 after opening at $39.30. The day’s lowest price was $39.11 before the stock closed at $39.90.
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Delta Air Lines Inc.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $49.81 on 07/13/23 and a low of $27.20 for the same time frame on 10/03/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Delta Air Lines Inc. (DAL) has experienced a quarterly decline of -8.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.94B and boasts a workforce of 95000 employees.
Delta Air Lines Inc.: What Analysts Are Saying
As of right now, 18 analysts are rating Delta Air Lines Inc. as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 41.37, with a change in price of +6.17. Similarly, Delta Air Lines Inc. recorded 9,699,406 in trading volume during the last 100 days, posting a change of +18.63%.
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 DAL stands at 2.49. Similarly, the long-term debt-to-equity ratio is also 2.24.
DAL Stock Stochastic Average
Today’s raw stochastic average for Delta Air Lines Inc. over the last 50 days is 3.22%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 6.82%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 11.18% and 9.09%, respectively.
DAL Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 19.67% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 19.31%. Over the past 30 days, the price of DAL has leaped by -5.88%. And in the last five days, it has fallen by -3.71%.
