Sinclair Inc. (SBGI) currently has a stock price of $12.28. The stock saw a sharp increase in the last trading session, hitting a high of $13.815 after opening at $13.57. The lowest recorded price for the day was $12.225 before it closed at $13.62.
The market performance of Sinclair Inc. has been somewhat unstable. Over the past year, the company’s stock achieved a high of $22.83 on 09/21/22, with the lowest value for the same timeframe being $9.81, recorded on 09/07/23.
52-week price history of SBGI Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Sinclair Inc.’s current trading price is -46.21% away from its 52-week high, while its distance from the 52-week low is 25.18%. The stock’s price range during this period has fluctuated between $9.81 and $22.83. Shares of the company, which operates in the Communication Services sector, recorded a trading volume of around 1.59 million for the day, which was evidently higher than the average daily volume of 0.69 million over the last three months.
Financial Performance and Market Capitalization
Sinclair Inc. (SBGI) has experienced a quarterly decline of -12.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 863.78M and boasts a workforce of 7900 employees.
Analysts’ Ratings For Sinclair Inc.
As of right now, 2 analysts are rating Sinclair Inc. as a BUY, 0 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 3 analysts are rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.37, with a change in price of -7.15. Similarly, Sinclair Inc. recorded 758,188 in trading volume during the last 100 days, posting a change of -36.80%.
SBGI Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SBGI stands at 6.01. Similarly, the long-term debt-to-equity ratio is also 5.96.
SBGI Stock Stochastic Average
Sinclair Inc.’s raw stochastic average for the past 50 days is currently at 45.32%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 59.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 65.54% and 54.59%, respectively.
SBGI 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. Year to date metric has recorded a loss of -20.83%.However, over the last six months, we can see a stronger performance of -13.46%. Over the last 30 days, the price of SBGI has leaped by -10.36%. And in the last five days, it has surged by 19.80%.