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 29.76%.However, over the last six months, we can see a weaker performance of 50.28%. Over the last 30 days, the price of FLEX has fallen by 5.31%. And in the last five days, it has fallen by -6.17%.
Flex Ltd experienced a rather steady stock market performance. The highest value in the past year was recorded at $30.93 on 03/08/24 and the lowest value was $14.14 on 04/27/23.
52-week price history of FLEX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Flex Ltd’s current trading price is -7.05% away from its 52-week high, while its distance from the 52-week low is 103.31%. The stock’s price range during this period has varied between$14.14 and $30.93. The Flex Ltd’s shares, which operate in the Technology, saw a trading volume of around 2.99 million for the day, a figure considerably lower than their average daily volume of 5.84 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Flex Ltd (FLEX) has experienced a quarterly rise of 53.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.11B and boasts a workforce of 172108 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 26.29, with a change in price of +3.09. Similarly, Flex Ltd recorded 5,073,261 in trading volume during the last 100 days, posting a change of +12.04%.
FLEX’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 FLEX stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.66.
FLEX Stock Stochastic Average
Flex Ltd’s raw stochastic average for the past 50 days is presently 76.02%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 43.01%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.38% and 60.99%, respectively.
