The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Splunk Inc’s current trading price is 0.04% away from its 52-week high, while its distance from the 52-week low is 90.74%. The stock’s price range for this period has been between $82.19 and $156.70 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.66 million for the day, a number notably lower than the average daily volume of 1.92 million over the last three months.
Splunk Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $156.70 on 03/14/24, while the lowest value for the same period was recorded at $82.19 on 05/04/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Splunk Inc (SPLK) has experienced a quarterly rise of 3.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.42B and boasts a workforce of 8000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 152.20, with a change in price of +8.85. Similarly, Splunk Inc recorded 2,001,825 in trading volume during the last 100 days, posting a change of +5.98%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SPLK stands at 4.40. Similarly, the long-term debt-to-equity ratio is also 4.40.
SPLK Stock Stochastic Average
Splunk Inc’s raw stochastic average for the past 50 days is presently 97.52%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 92.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 96.28% and 96.32%, respectively.
SPLK Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 2.90%.However, over the last six months, we can see a weaker performance of 26.99%. Over the last 30 days, the price of SPLK has fallen by 1.47%. And in the last five days, it has surged by 0.27%.
