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Dow Inc’s Banking’s 100-Day Moving Average at 52.92: Will the Stock Break Through?

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The market performance of Dow Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $58.10 on 03/06/24, with the lowest value for the same timeframe being $47.26, recorded on 10/25/23.

52-week price history of DOW Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Dow Inc’s current trading price is -0.72% away from its 52-week high, while its distance from the 52-week low is 22.05%. The stock’s price range during this period has fluctuated between $47.26 and $58.10. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 4.05 million for the day, which was evidently lower than the average daily volume of 4.58 million over the last three months.

Financial Performance and Market Capitalization

Dow Inc (DOW) has experienced a quarterly rise of 13.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 40.51B and boasts a workforce of 35900 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 52.92, with a change in price of +6.95. Similarly, Dow Inc recorded 4,425,261 in trading volume during the last 100 days, posting a change of +13.70%.

DOW 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 DOW stands at 0.88. Similarly, the long-term debt-to-equity ratio is also 0.86.

DOW Stock Stochastic Average

Dow Inc’s raw stochastic average for the past 50 days is currently at 93.07%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 92.36%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.36% and 80.22%, respectively.

DOW 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 gain of 5.18%.However, over the last six months, we can see a weaker performance of 7.47%. Over the last 30 days, the price of DOW has fallen by 6.83%. And in the last five days, it has surged by 1.23%.