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The Significance of Moving Averages in Arista Networks Inc Inc. (ANET) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 19.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 48.50%. Over the past 30 days, the price of ANET has leaped by -0.06%. And in the last five days, it has fallen by -1.33%.

Arista Networks Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $292.66 on 02/12/24, while the lowest value for the same period was recorded at $131.68 on 05/04/23.

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52-week price history of ANET Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Arista Networks Inc’s current trading price is -4.08% away from its 52-week high, while its distance from the 52-week low is 113.18%. The stock’s price range during this period has varied between$131.68 and $292.66. The Arista Networks Inc’s shares, which operate in the Technology, saw a trading volume of around 2.94 million for the day, a figure considerably higher than their average daily volume of 2.19 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Arista Networks Inc (ANET) has experienced a quarterly rise of 23.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 87.76B and boasts a workforce of 4023 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 239.73, with a change in price of +86.51. Similarly, Arista Networks Inc recorded 2,235,765 in trading volume during the last 100 days, posting a change of +44.55%.

ANET’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 ANET stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.

ANET Stock Stochastic Average

Arista Networks Inc’s raw stochastic average for the past 50 days is presently 81.91%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 72.31%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 64.32% and 60.50%, respectively.

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