Gitlab Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $78.53 on 02/09/24 and the lowest value was $26.24 on 05/04/23.
52-week price history of GTLB 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. Gitlab Inc’s current trading price is -5.17% away from its 52-week high, while its distance from the 52-week low is 183.80%. The stock’s price range during the 52-week period has remained between $26.24 and $78.53. In the Technology sector, the company’s shares saw a trading volume of around 9.67 million for the day, which was evidently higher than the average daily volume of 2.68 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Gitlab Inc (GTLB) has experienced a quarterly rise of 54.05% 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 2170 employees.
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 58.74, with a change in price of +27.99. Similarly, Gitlab Inc recorded 2,287,867 in trading volume during the last 100 days, posting a change of +60.22%.
Examining GTLB’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 GTLB stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
GTLB Stock Stochastic Average
Gitlab Inc’s raw stochastic average for the past 50 days is presently 81.65%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 67.36%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 57.96% and 52.85%, respectively.
GTLB Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 18.28%. However, over the past six months, we’ve seen a weaker performance of 57.21%. The price of GTLB fallen by 2.96% over the last 30 days. And in the last five days, it has surged by 4.73%.
