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Fluor Corporation’s Shares Reel: 32.87% Quarterly Revenue Decline Amid 5.52B Market Cap

The stock price for Fluor Corporation (FLR) currently stands at $38.45. The stock experienced a substantial increase in the last session, hitting $36.825 after starting at $35.71. The stock’s lowest price was $35.44 before closing at $36.60.

The market performance of Fluor Corporation’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $38.20 on 09/19/23, while the lowest value for the same duration was $23.37 on 09/27/22.

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52-week price history of FLR 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. Fluor Corporation’s current trading price is 0.66% away from its 52-week high, while its distance from the 52-week low is 64.53%. The stock’s price range during the 52-week period has remained between $23.37 and $38.20. In the Industrials sector, the company’s shares saw a trading volume of around 1.53 million for the day, which was evidently lower than the average daily volume of 1.84 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Fluor Corporation (FLR) has experienced a quarterly rise of 32.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.52B and boasts a workforce of 39576 employees.

A Closer Look at Analysts’ Ratings for Fluor Corporation

As of right now, 2 analysts are rating Fluor Corporation as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

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 30.88, with a change in price of +10.01. Similarly, Fluor Corporation recorded 1,804,418 in trading volume during the last 100 days, posting a change of +35.00%.

Examining FLR’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 FLR stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.54.

FLR Stock Stochastic Average

Fluor Corporation’s raw stochastic average for the past 50 days is presently 99.09%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 98.68%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 88.28% and 76.12%, respectively.

FLR 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 10.94%. However, over the past six months, we’ve seen a weaker performance of 28.34%. The price of FLR fallen by 15.12% over the last 30 days. And in the last five days, it has surged by 9.49%.

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