Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Baker Hughes Co’s current trading price is -16.70% away from its 52-week high, while its distance from the 52-week low is 19.83%. The stock’s price range over this period has fluctuated between $26.12 and $37.58. The company, operating within the financial sector, had a trading volume of approximately 6.84 million for the day, which was noticeably lower than the average daily share volume of 9.12 million over the last 3 months.
Baker Hughes Co experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $37.58 on 09/05/23, while the lowest price for the same period was registered at $26.12 on 03/24/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Baker Hughes Co (BKR) has experienced a quarterly decline of -1.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.33B and boasts a workforce of 58000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 32.25, with a change in price of -3.87. Similarly, Baker Hughes Co recorded 8,351,300 in trading volume during the last 100 days, posting a change of -11.00%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for BKR stands at 0.44. Similarly, the long-term debt-to-equity ratio is also 0.42.
BKR Stock Stochastic Average
Today’s raw stochastic average for Baker Hughes Co over the last 50 days is 47.08%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 96.74%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 89.45% and 87.91%, respectively.
BKR 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 -8.43%.However, over the last six months, we can see a stronger performance of -15.29%. Over the last 30 days, the price of BKR has fallen by 6.75%. And in the last five days, it has surged by 6.35%.
