Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 16.01%. However, over the past six months, we’ve seen a weaker performance of 22.82%. The price of LIN fallen by 13.55% over the last 30 days. And in the last five days, it has surged by 2.77%.
In terms of market performance, Linde Plc. had a fairly even. The highest value for the stock in the past year was $473.98 on 03/13/24, and the lowest value was recorded at $324.11 on 03/15/23.
52-week price history of LIN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Linde Plc.’s current trading price is 0.52% away from its 52-week high, while its distance from the 52-week low is 47.00%. The stock’s price range during this period has varied between$324.11 and $473.98. The Linde Plc.’s shares, which operate in the Basic Materials, saw a trading volume of around 0.92 million for the day, a figure considerably lower than their average daily volume of 1.8 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Linde Plc. (LIN) has experienced a quarterly rise of 16.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 229.45B and boasts a workforce of 66323 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 412.32, with a change in price of +104.08. Similarly, Linde Plc. recorded 1,781,113 in trading volume during the last 100 days, posting a change of +28.02%.
LIN’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 LIN stands at 0.51. Similarly, the long-term debt-to-equity ratio is also 0.36.
LIN Stock Stochastic Average
Linde Plc.’s raw stochastic average for the past 50 days is presently 99.57%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 99.43%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 95.90% and 93.91%, respectively.
