SLQT’s Debt-to-Equity Ratio at 2.15: What It Means for SelectQuote Inc’s Future

The market performance of SelectQuote Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $2.94 on 03/06/23, while the lowest value for the same duration was $0.86 on 04/28/23.

52-week price history of SLQT Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. SelectQuote Inc’s current trading price is -51.36% away from its 52-week high, while its distance from the 52-week low is 67.24%. The stock’s price range during the 52-week period has remained between $0.86 and $2.94. In the Financial sector, the company’s shares saw a trading volume of around 561.17 for the day, which was evidently higher than the average daily volume of 2.76 over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

SelectQuote Inc (SLQT) has experienced a quarterly rise of 10.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 239.85M.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2616, with a change in price of +0.3000. Similarly, SelectQuote Inc recorded 610,391 in trading volume during the last 100 days, posting a change of +26.55%.

Examining SLQT’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SLQT stands at 2.15. Similarly, the long-term debt-to-equity ratio is also 2.01.

SLQT Stock Stochastic Average

As of today, SelectQuote Inc’s raw stochastic average for the last 50 days stands at 72.73%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 100.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 64.10% and 42.94%, respectively.

SLQT Stock Price Performance Analysis

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 an increase of 4.38%. However, over the last six months, the performance has been stronger by -7.14%. The price of SLQT increased 10.85% over the last 30 days. And in the last five days, it has surged by 26.55%.

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