The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Berry Global Group Inc’s current trading price is -6.51% away from its 52-week high, while its distance from the 52-week low is 22.41%. The stock’s price range for this period has been between $51.94 and $68.01 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 2.52 million for the day, a number notably higher than the average daily volume of 0.81 million over the last three months.
Berry Global Group Inc (BERY) stock is currently valued at $63.58. During the last session, the stock experienced a remarkable rise, reaching $63.69 after opening at $61.50. The stock briefly dropped to $61.05 before ultimately closing at $61.24.
Berry Global Group Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $68.01 on 07/25/23, while the lowest price for the same period was registered at $51.94 on 11/17/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Berry Global Group Inc (BERY) has experienced a quarterly rise of 1.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.51B and boasts a workforce of 46000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 61.72, with a change in price of -0.64. Similarly, Berry Global Group Inc recorded 890,623 in trading volume during the last 100 days, posting a change of -1.00%.
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 BERY stands at 2.79. Similarly, the long-term debt-to-equity ratio is also 2.79.
BERY Stock Stochastic Average
Berry Global Group Inc’s raw stochastic average for the past 50 days is presently 88.08%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 98.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 96.90% and 87.88%, respectively.
BERY Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded an increase of 5.21%. However, over the last six months, the performance has been weaker by 7.98%. The price of BERY increased 11.72% over the last 30 days. And in the last five days, it has surged by 10.88%.