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Kraft Heinz Co Inc. (KHC) Price Performance: A Technical Analysis Perspective

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. Until today this year the stock’s price performance recorded a decrease of -17.00%. However, over the last six months, the performance has been stronger by -12.78%. The price of KHC increased 7.92% over the last 30 days. And in the last five days, it has surged by 1.65%.

Kraft Heinz Co (KHC) current stock price is $33.79. During the last trading session, the stock soared, reaching $33.89 after opening at $33.56. The stock’s lowest point was $33.545 before it closed at $33.66.

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Kraft Heinz Co’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $42.80 on 01/09/23, and the lowest price during that time was $30.68, recorded on 10/12/23.

52-week price history of KHC Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Kraft Heinz Co’s current trading price is -21.05% away from its 52-week high, while its distance from the 52-week low is 10.14%. The stock’s price range for this period has been between $30.68 and $42.80. The Consumer Defensive sector company’s shares saw a trading volume of about 6.5 million for the day, which was lower than the average daily volume of 7.82 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Kraft Heinz Co (KHC) has experienced a quarterly rise of 1.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.44B and boasts a workforce of 37000 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 33.80, with a change in price of -1.23. Similarly, Kraft Heinz Co recorded 7,714,822 in trading volume during the last 100 days, posting a change of -3.51%.

KHC’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for KHC stands at 0.40. Similarly, the long-term debt-to-equity ratio is also 0.39.

KHC Stock Stochastic Average

As of today, the raw stochastic average of Kraft Heinz Co over the past 50 days is 79.24%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 89.60%. Additionally, the Stochastic %K and %D values for the company were 88.39% and 86.41%, respectively, over the past 20 days.

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