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Cisco Systems, Inc.’s Banking’s 100-Day Moving Average at 51.17: Will the Stock Break Through?

The market performance of Cisco Systems, Inc. has been somewhat stable. Over the past year, the company’s stock achieved a high of $58.19 on 09/01/23, with the lowest value for the same timeframe being $45.56, recorded on 05/04/23.

52-week price history of CSCO Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Cisco Systems, Inc.’s current trading price is -14.08% away from its 52-week high, while its distance from the 52-week low is 9.74%. The stock’s price range during this period has fluctuated between $45.56 and $58.19. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 18.21 million for the day, which was evidently higher than the average daily volume of 0.89 over the last three months.

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Financial Performance and Market Capitalization

Cisco Systems, Inc. (CSCO) has experienced a quarterly decline of -3.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 203.13B and boasts a workforce of Jan 03 2024 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 51.17, with a change in price of -5.85. Similarly, Cisco Systems, Inc. recorded 18,750,529 in trading volume during the last 100 days, posting a change of -10.48%.

CSCO 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 CSCO stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.16.

CSCO Stock Stochastic Average

Cisco Systems, Inc.’s raw stochastic average for the past 50 days is currently at 47.71%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 21.73%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 22.72% and 20.77%, respectively.

CSCO Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -1.05%.However, over the last six months, we can see a stronger performance of -7.06%. Over the last 30 days, the price of CSCO has leaped by -0.89%. And in the last five days, it has surged by 0.97%.

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