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HAL’s Financial Health: Exploring Halliburton Co.’s Debt-to-Equity Ratio of 1.79

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Halliburton Co.’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $43.85 on 10/18/23, with the lowest value being $27.84 on 05/16/23.

52-week price history of HAL Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Halliburton Co.’s current trading price is -16.40% away from its 52-week high, while its distance from the 52-week low is 31.68%. The stock’s price range for this period has remained between $27.84 and $43.85. The Energy sector company’s shares managed to surpass a trading volume of around 6.37 million for the day, which was noticeably lower compared to the shares’ average daily volume of 7.37 million over the last three months.

Financial Performance and Market Capitalization

Halliburton Co. (HAL) has experienced a quarterly rise of 6.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 32.63B and boasts a workforce of 48000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 36.67, with a change in price of -5.70. Similarly, Halliburton Co. recorded 7,155,197 in trading volume during the last 100 days, posting a change of -13.46%.

HAL 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 HAL stands at 0.94. Similarly, the long-term debt-to-equity ratio is also 0.91.

HAL Stock Stochastic Average

As of today, the raw stochastic average of Halliburton Co. over the past 50 days is 76.10%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 96.63%. Additionally, the Stochastic %K and %D values for the company were 93.72% and 82.47%, respectively, over the past 20 days.

HAL Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a gain of 1.41%.However, over the last six months, we can see a stronger performance of -11.19%. Over the last 30 days, the price of HAL has fallen by 4.65%. And in the last five days, it has surged by 4.21%.