A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Southwest Airlines Co.’s current trading price is -28.70% away from its 52-week high, while its distance from the 52-week low is 1.50%. The stock’s price range for this time frame has been between $28.36 and $40.38. The trading volume of the company’s shares in the Industrials reached around 2.12 million for the day, which was evidently lower than the average daily volume of 7.47 million over the last three months.
The current stock price for Southwest Airlines Co. (LUV) is $28.79. The stock experienced a significant increase during the last trading session, reaching $29.62 after opening at $29.50. It dipped to a low of $29.06 before ultimately closing at $29.08.
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In terms of market performance, Southwest Airlines Co. had a somewhat inconsistent run in. The highest value for the stock in the past year was $40.38 on 12/05/22, while the lowest value was $28.36 on 09/13/23.
How Financial Performance Impacts Market Capitalization
Southwest Airlines Co. (LUV) has experienced a quarterly decline of -16.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.72B and boasts a workforce of 71299 employees.
Decoding Analysts’ Ratings for Southwest Airlines Co.
As of right now, 5 analysts are rating Southwest Airlines Co. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are 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 32.36, with a change in price of -2.14. Similarly, Southwest Airlines Co. recorded 7,375,348 in trading volume during the last 100 days, posting a change of -6.93%.
How LUV’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 LUV stands at 0.74. Similarly, the long-term debt-to-equity ratio is also 0.74.
LUV Stock Stochastic Average
The raw stochastic average for Southwest Airlines Co. over the last 50 days is presently at 3.54%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 10.63%. Further, the company’s Stochastic %K and %D values for the last 20 days were 19.90% and 19.26%, respectively.
LUV Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant loss of -14.49% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -4.29%. Over the past 30 days, the price of LUV has leaped by -10.45%. And in the last five days, it has fallen by -1.67%.
