A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Foot Locker Inc.’s current trading price is -61.22% away from its 52-week high, while its distance from the 52-week low is 23.38%. The stock’s price range for this time frame has been between $14.84 and $47.22. The trading volume of the company’s shares in the Consumer Cyclical reached around 19.55 million for the day, which was evidently higher than the average daily volume of 4.38 million over the last three months.
Currently, the stock price of Foot Locker Inc. (FL) is $18.31. In the most recent trading session, the stock underwent a significant upswing, peaking at $18.68 after opening at $18.31. The stock touched a low of $18.215 before closing at $18.49.
The market performance of Foot Locker Inc. has been somewhat unstable. Over the past year, the company’s stock achieved a high of $47.22 on 02/03/23, with the lowest value for the same timeframe being $14.84, recorded on 08/23/23.
How Financial Performance Impacts Market Capitalization
Foot Locker Inc. (FL) has experienced a quarterly decline of -34.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.74B and boasts a workforce of 15200 employees.
Decoding Analysts’ Ratings for Foot Locker Inc.
As of right now, 5 analysts are rating Foot Locker Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 14 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
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 27.31, with a change in price of -23.59. Similarly, Foot Locker Inc. recorded 4,617,650 in trading volume during the last 100 days, posting a change of -56.30%.
How FL’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 FL stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.14.
FL Stock Stochastic Average
Foot Locker Inc.’s raw stochastic average for the past 50 days is currently at 28.54%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 32.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.88% and 27.03%, respectively.
FL 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. This year’s metric has recorded a Price decrease of -51.55%. However, over the past six months, we’ve seen a stronger performance of -57.12%. The price of FL leaped by -27.51% over the last 30 days. And in the last five days, it has surged by 0.94%.