The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. General Mills Inc.’s current trading price is -27.54% away from its 52-week high, while its distance from the 52-week low is 1.79%. The stock’s price range for this period has been between $64.70 and $90.89 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 1.96 million for the day, a number notably lower than the average daily volume of 3.87 million over the last three months.
At present, General Mills Inc. (GIS) has a stock price of $65.86. In the previous session, the stock saw a rise, peaking at $66.11 after an opening price of $66.01. The day’s lowest price was $65.1779, and it closed at $66.10.
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The market performance of General Mills Inc.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $90.89 on 05/15/23, while the lowest value for the same duration was $64.70 on 09/07/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
General Mills Inc. (GIS) has experienced a quarterly decline of -18.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 38.57B and boasts a workforce of 34000 employees.
General Mills Inc.: What Analysts Are Saying
As of right now, 4 analysts are rating General Mills Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 77.52, with a change in price of -21.92. Similarly, General Mills Inc. recorded 3,604,510 in trading volume during the last 100 days, posting a change of -24.95%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GIS stands at 1.12. Similarly, the long-term debt-to-equity ratio is also 0.95.
GIS Stock Stochastic Average
As of today, General Mills Inc.’s raw stochastic average for the last 50 days stands at 9.71%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 28.98%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 24.66% and 21.63%, respectively.
GIS 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. Year to date metric has recorded a loss of -21.45%.However, over the last six months, we can see a stronger performance of -18.34%. Over the last 30 days, the price of GIS has leaped by -6.20%. And in the last five days, it has surged by 0.56%.
