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AAPL’s Market Flip-Flop: Exploring the Volatility of 2023 Performance

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 index has shown a price gain of 36.97% this year. Over the last six months, there has been a weaker performance of 14.82%. The price of AAPL fallen by 2.28% during the last 30 days period. For the last 5-days stocks have slided -0.77%.

Apple Inc. (AAPL) has a current stock price of $177.97. During the previous trading session, the stock witnessed a notable rise, reaching a high of $179.38 after opening at $176.48. The stock’s low for the day was $176.17, and it eventually closed at $175.01.

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Apple Inc.’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $198.23 on 07/19/23, and the lowest price during that time was $124.17, recorded on 01/03/23.

52-week price history of AAPL Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Apple Inc.’s current trading price is -10.22% away from its 52-week high, while its distance from the 52-week low is 43.33%. The stock’s price range over this timeframe has been between $124.17 and $198.23. The shares of the Technology sector company recorded a trading volume of approximately 65.31 million for the day, which was comparatively higher than the average daily volume of 58.12 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Apple Inc. (AAPL) has experienced a quarterly decline of -3.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2794.03B and boasts a workforce of 164000 employees.

Expert Opinions: Analysts’ Ratings for Apple Inc.

As of right now, 25 analysts are rating Apple Inc. as a BUY, 4 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 1 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 181.59, with a change in price of +14.20. Similarly, Apple Inc. recorded 58,809,828 in trading volume during the last 100 days, posting a change of +8.67%.

AAPL’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for AAPL stands at 1.81. Similarly, the long-term debt-to-equity ratio is also 1.63.

AAPL Stock Stochastic Average

The raw stochastic average for Apple Inc. over the last 50 days is presently at 22.88%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 26.95%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.62% and 19.20%, respectively.

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