In terms of market performance, Gitlab Inc had a fairly even. The highest value for the stock in the past year was $78.53 on 02/09/24, and the lowest value was recorded at $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 -26.33% away from its 52-week high, while its distance from the 52-week low is 120.48%. 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 1.63 million for the day, which was evidently lower than the average daily volume of 2.85 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 decline of -2.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.12B 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 59.40, with a change in price of +9.49. Similarly, Gitlab Inc recorded 2,623,906 in trading volume during the last 100 days, posting a change of +19.62%.
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 7.89%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 8.64%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.51% and 4.69%, respectively.
GTLB Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -8.11%. However, over the last six months, the performance has been weaker by 9.72%. The price of GTLB decreased -25.44% over the last 30 days. And in the last five days, it has fallen by -1.67%.
