Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Dicks Sporting Goods, Inc.’s current trading price is 11.21% away from its 52-week high, while its distance from the 52-week low is 109.37%. The stock’s price range during this period has varied between $100.98 and $190.12. The company, active in the Consumer Cyclical sector, saw a trading volume of around 3.53 million for the day, considerably higher average daily volume of 1.07 million observed over the last three months.
The market performance of Dicks Sporting Goods, Inc. has been somewhat stable. Over the past year, the company’s stock achieved a high of $190.12 on 03/14/24, with the lowest value for the same timeframe being $100.98, recorded on 10/27/23.
How Financial Performance Impacts Market Capitalization
Dicks Sporting Goods, Inc. (DKS) has experienced a quarterly rise of 53.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.28B and boasts a workforce of 52800 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 143.86, with a change in price of +103.07. Similarly, Dicks Sporting Goods, Inc. recorded 1,247,591 in trading volume during the last 100 days, posting a change of +94.72%.
How DKS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DKS stands at 1.78. Similarly, the long-term debt-to-equity ratio is also 1.57.
DKS Stock Stochastic Average
As of today, the raw stochastic average of Dicks Sporting Goods, Inc. over the last 50 days is at 87.14%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 80.84%. Further, the company’s Stochastic %K and %D values for the last 20 days were 81.77% and 76.52%, respectively.
DKS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 43.87%.However, over the last six months, we can see a weaker performance of 90.67%. Over the last 30 days, the price of DKS has fallen by 27.72%. And in the last five days, it has surged by 16.06%.
