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Weatherford International plc’s Shares Reel: 56.82% Quarterly Revenue Decline Amid 6.86B Market Cap

The stock price for Weatherford International plc (WFRD) currently stands at $96.71. The stock experienced a substantial increase in the last session, hitting $96.97 after starting at $95.36. The stock’s lowest price was $94.37 before closing at $95.19.

The market performance of Weatherford International plc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $98.72 on 09/12/23, while the lowest value for the same duration was $28.02 on 09/26/22.

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52-week price history of WFRD Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Weatherford International plc’s current trading price is -2.04% away from its 52-week high, while its distance from the 52-week low is 245.15%. The stock’s price range during the 52-week period has remained between $28.02 and $98.72. In the Energy sector, the company’s shares saw a trading volume of around 13.81 million for the day, which was evidently higher than the average daily volume of 0.85 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Weatherford International plc (WFRD) has experienced a quarterly rise of 56.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.86B and boasts a workforce of 17700 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 72.81, with a change in price of +33.94. Similarly, Weatherford International plc recorded 910,289 in trading volume during the last 100 days, posting a change of +54.07%.

Examining WFRD’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for WFRD stands at 3.14. Similarly, the long-term debt-to-equity ratio is also 3.09.

WFRD Stock Stochastic Average

Weatherford International plc’s raw stochastic average for the past 50 days is presently 93.95%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 88.04%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.50% and 85.05%, respectively.

WFRD Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 89.93%. However, over the past six months, we’ve seen a weaker performance of 77.25%. The price of WFRD fallen by 14.11% over the last 30 days. And in the last five days, it has surged by 2.59%.

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