Wells Fargo & Co.: Navigating a Turbulent Year, Up -12.39% from 52-Week Low

Wells Fargo & Co. (WFC) currently has a stock price of $42.79. The stock saw a sharp increase in the last trading session, hitting a high of $42.95 after opening at $42.86. The lowest recorded price for the day was $42.51 before it closed at $42.96.

Wells Fargo & Co. had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $48.84 on 02/14/23, while the lowest price during the same period was $35.25 on 03/24/23.

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52-week price history of WFC Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Wells Fargo & Co.’s current trading price is -12.39% away from its 52-week high, while its distance from the 52-week low is 21.39%. The stock’s price range during this period has fluctuated between $35.25 and $48.84. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 10.36 million for the day, which was evidently lower than the average daily volume of 15.68 million over the last three months.

Financial Performance and Market Capitalization

Wells Fargo & Co. (WFC) has experienced a quarterly rise of 3.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 155.40B and boasts a workforce of 238000 employees.

Analysts’ Ratings For Wells Fargo & Co.

As of right now, 17 analysts are rating Wells Fargo & Co. as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 7 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 42.21, with a change in price of +0.34. Similarly, Wells Fargo & Co. recorded 15,442,965 in trading volume during the last 100 days, posting a change of +0.80%.

WFC 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 WFC stands at 1.59. Similarly, the long-term debt-to-equity ratio is also 1.03.

WFC Stock Stochastic Average

Wells Fargo & Co.’s raw stochastic average for the past 50 days is currently at 82.24%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 94.72%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 94.04% and 93.58%, respectively.

WFC 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 gain of 3.63%.However, over the last six months, we can see a weaker performance of 4.42%. Over the last 30 days, the price of WFC has fallen by 6.26%. And in the last five days, it has surged by 4.95%.

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