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The Significance of Moving Averages in Leggett & Platt, Inc. Inc. (LEG) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -21.82% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -30.00%. Over the past 30 days, the price of LEG has leaped by -21.40%. And in the last five days, it has fallen by -11.89%.

Leggett & Platt, Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $35.15 on 02/16/23, while the lowest value for the same period was recorded at $22.50 on 02/09/24.

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52-week price history of LEG Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Leggett & Platt, Inc.’s current trading price is -41.79% away from its 52-week high, while its distance from the 52-week low is -9.07%. The stock’s price range during this period has varied between$22.50 and $35.15. The Leggett & Platt, Inc.’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.41 for the day, a figure considerably lower than their average daily volume of 3.74 over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Leggett & Platt, Inc. (LEG) has experienced a quarterly decline of -12.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.73B and boasts a workforce of Dec 14 2023 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 24.43, with a change in price of -4.49. Similarly, Leggett & Platt, Inc. recorded 1,375,389 in trading volume during the last 100 days, posting a change of -18.00%.

LEG’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 LEG stands at 1.65. Similarly, the long-term debt-to-equity ratio is also 1.37.

LEG Stock Stochastic Average

Leggett & Platt, Inc.’s raw stochastic average for the past 50 days is presently 1.04%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 1.35%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.57% and 12.19%, respectively.

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