SAVE’s Stock Market Pendulum: Swinging Between Gains and Losses

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -27.86%. However, over the past six months, we’ve seen a stronger performance of -10.26%. The price of SAVE leaped by -18.35% over the last 30 days. And in the last five days, it has surged by 48.82%.

The stock price for Spirit Airlines Inc (SAVE) currently stands at $13.26. The stock experienced a substantial increase in the last session, hitting $13.28 after starting at $12.50. The stock’s lowest price was $12.06 before closing at $12.43.

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Spirit Airlines Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $20.79 on 11/25/22, while the lowest price for the same period was registered at $8.68 on 11/13/23.

52-week price history of SAVE Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Spirit Airlines Inc’s current trading price is -36.22% away from its 52-week high, while its distance from the 52-week low is 52.76%. The stock’s price range during this time has been between $8.68 and $20.79. The trading volume for the Industrials sector company’s shares reached about 6.86 million for the day, which was higher than the average daily volume of 3.15 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Spirit Airlines Inc (SAVE) has experienced a quarterly decline of -18.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.45B and boasts a workforce of 11107 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 15.91, with a change in price of -3.62. Similarly, Spirit Airlines Inc recorded 2,651,759 in trading volume during the last 100 days, posting a change of -21.45%.

SAVE’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SAVE stands at 5.01. Similarly, the long-term debt-to-equity ratio is also 4.67.

SAVE Stock Stochastic Average

Today’s raw stochastic average for Spirit Airlines Inc over the last 50 days is 50.00%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 51.99%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 38.18% and 29.85%, respectively.

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