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RenaissanceRe Holdings Ltd (RNR) Stock: 52-Week Performance Insights and Trading Volume

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. RenaissanceRe Holdings Ltd’s current trading price is -3.67% away from its 52-week high, while its distance from the 52-week low is 30.01%. The stock’s price range for this time frame has been between $174.22 and $235.14. The trading volume of the company’s shares in the Financial reached around 0.63 million for the day, which was evidently higher than the average daily volume of 0.45 million over the last three months.

The market performance of RenaissanceRe Holdings Ltd has been somewhat stable. Over the past year, the company’s stock achieved a high of $235.14 on 02/07/24, with the lowest value for the same timeframe being $174.22, recorded on 08/21/23.

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How Financial Performance Impacts Market Capitalization

RenaissanceRe Holdings Ltd (RNR) has experienced a quarterly rise of 9.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.59B and boasts a workforce of 718 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 208.47, with a change in price of +26.19. Similarly, RenaissanceRe Holdings Ltd recorded 460,738 in trading volume during the last 100 days, posting a change of +13.07%.

How RNR’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for RNR stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.21.

RNR Stock Stochastic Average

RenaissanceRe Holdings Ltd’s raw stochastic average for the past 50 days is currently at 81.60%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 75.63%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 85.68% and 85.12%, respectively.

RNR Stock Price Performance Analysis

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 increase of 15.57%. However, over the past six months, we’ve seen a weaker performance of 19.84%. The price of RNR fallen by 12.60% over the last 30 days. And in the last five days, it has surged by 1.49%.

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