Palo Alto Networks Inc’s Shares Reel: 10.26% Quarterly Revenue Decline Amid 80.39B Market Cap

Palo Alto Networks Inc (PANW) current stock price is $258.63. During the last trading session, the stock soared, reaching $252.03 after opening at $243.04. The stock’s lowest point was $242.98 before it closed at $247.59.

Palo Alto Networks Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $265.90 on 10/13/23, while the lowest price during the same period was $132.22 on 01/12/23.

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52-week price history of PANW Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Palo Alto Networks Inc’s current trading price is -2.73% away from its 52-week high, while its distance from the 52-week low is 95.61%. The stock’s price range during this period has fluctuated between $132.22 and $265.90. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 2.66 million for the day, which was evidently lower than the average daily volume of 3.78 million over the last three months.

Financial Performance and Market Capitalization

Palo Alto Networks Inc (PANW) has experienced a quarterly rise of 10.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 80.39B and boasts a workforce of 13948 employees.

Analysts’ Ratings For Palo Alto Networks Inc

As of right now, 36 analysts are rating Palo Alto Networks Inc as a BUY, 4 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.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 241.00, with a change in price of +4.77. Similarly, Palo Alto Networks Inc recorded 4,142,322 in trading volume during the last 100 days, posting a change of +1.88%.

PANW Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PANW stands at 1.02. Similarly, the long-term debt-to-equity ratio is also 0.13.

PANW Stock Stochastic Average

The raw stochastic average for Palo Alto Networks Inc over the last 50 days is presently at 81.10%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 78.51%. Further, the company’s Stochastic %K and %D values for the last 20 days were 50.16% and 53.32%, respectively.

PANW 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. Until today this year the stock’s price performance recorded an increase of 85.35%. However, over the last six months, the performance has been weaker by 34.63%. The price of PANW increased 6.39% over the last 30 days. And in the last five days, it has surged by 1.17%.

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