Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Walmart Inc.’s current trading price is -0.73% away from its 52-week high, while its distance from the 52-week low is 28.55%. The stock’s price range during this period has varied between $128.07 and $165.85. The company, active in the Consumer Defensive sector, saw a trading volume of around 21.24 million for the day, considerably higher average daily volume of 5.3 million observed over the last three months.
Walmart Inc. (WMT) has a current stock price of $164.64. During the previous trading session, the stock witnessed a notable rise, reaching a high of $165.66 after opening at $165.21. The stock’s low for the day was $163.77, and it eventually closed at $165.25.
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
The stock market performance of Walmart Inc. has been very steady. Over the last year, the company’s stock hit its highest at $165.85 on 09/13/23, while the lowest price during the same time frame was $128.07, recorded on 10/07/22.
How Financial Performance Impacts Market Capitalization
Walmart Inc. (WMT) has experienced a quarterly rise of 4.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 444.78B and boasts a workforce of 2100000 employees.
Decoding Analysts’ Ratings for Walmart Inc.
As of right now, 26 analysts are rating Walmart Inc. as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is 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 155.67, with a change in price of +11.88. Similarly, Walmart Inc. recorded 5,696,121 in trading volume during the last 100 days, posting a change of +7.78%.
How WMT’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 WMT stands at 0.63. Similarly, the long-term debt-to-equity ratio is also 0.53.
WMT Stock Stochastic Average
As of today, the raw stochastic average of Walmart Inc. over the past 50 days is 90.24%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 88.52%. Additionally, the Stochastic %K and %D values for the company were 90.36% and 92.43%, respectively, over the past 20 days.
WMT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 16.12% this year. Over the last six months, there has been a weaker performance of 19.06%. The price of WMT fallen by 3.38% during the last 30 days period. For the last 5-days stocks have improved 0.53%.
