Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Starbucks Corporation’s current trading price is -18.02% away from its 52-week high, while its distance from the 52-week low is 14.85%. The stock’s price range during this period has varied between $82.43 and $115.48. The company, active in the Consumer Cyclical sector, saw a trading volume of around 2.84 million for the day, considerably lower average daily volume of 6.12 million observed over the last three months.
Starbucks Corporation (SBUX) currently has a stock price of $94.67. The stock saw a sharp increase in the last trading session, hitting a high of $96.97 after opening at $96.30. The lowest recorded price for the day was $96.085 before it closed at $96.76.
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Starbucks Corporation’s stock has had a calm market performance. The 1-year high for the company’s stock was $115.48 on 05/01/23, and the lowest price during the same period was recorded at $82.43 on 10/24/22.
How Financial Performance Impacts Market Capitalization
Starbucks Corporation (SBUX) has experienced a quarterly decline of -6.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 109.49B and boasts a workforce of 402000 employees.
Decoding Analysts’ Ratings for Starbucks Corporation
As of right now, 11 analysts are rating Starbucks Corporation as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 18 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is 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 100.60, with a change in price of -16.76. Similarly, Starbucks Corporation recorded 6,456,043 in trading volume during the last 100 days, posting a change of -15.04%.
SBUX Stock Stochastic Average
As of today, the raw stochastic average of Starbucks Corporation over the past 50 days is 9.30%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 16.64%. Additionally, the Stochastic %K and %D values for the company were 36.44% and 45.47%, respectively, over the past 20 days.
SBUX Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -4.56%.However, over the last six months, we can see a stronger performance of -5.19%. Over the last 30 days, the price of SBUX has leaped by -2.63%. And in the last five days, it has fallen by -1.63%.