The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 36.50%.However, over the last six months, we can see a stronger performance of -6.88%. Over the last 30 days, the price of CFLT has fallen by 0.69%. And in the last five days, it has fallen by -1.57%.
Confluent Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $41.22 on 07/19/23 and the lowest value was $14.69 on 11/02/23.
52-week price history of CFLT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Confluent Inc’s current trading price is -22.52% away from its 52-week high, while its distance from the 52-week low is 117.43%. The stock’s price range during this period has varied between$14.69 and $41.22. The Confluent Inc’s shares, which operate in the Technology, saw a trading volume of around 3.5 million for the day, a figure considerably lower than their average daily volume of 5.6 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Confluent Inc (CFLT) has experienced a quarterly rise of 40.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.99B and boasts a workforce of 2744 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 25.11, with a change in price of +1.41. Similarly, Confluent Inc recorded 6,055,402 in trading volume during the last 100 days, posting a change of +4.62%.
CFLT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CFLT stands at 1.37. Similarly, the long-term debt-to-equity ratio is also 1.36.
CFLT Stock Stochastic Average
Confluent Inc’s raw stochastic average for the past 50 days is presently 77.71%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 46.77%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.41% and 58.81%, respectively.
