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. Aramark’s current trading price is -3.84% away from its 52-week high, while its distance from the 52-week low is 34.91%. The stock’s price range during this period has varied between $23.55 and $33.04. The company, active in the Industrials sector, saw a trading volume of around 2.54 million for the day, considerably higher average daily volume of 2.47 million observed over the last three months.
Aramark’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $33.04 on 03/13/24, and the lowest price during that time was $23.55, recorded on 03/17/23.
How Financial Performance Impacts Market Capitalization
Aramark (ARMK) has experienced a quarterly rise of 18.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.34B and boasts a workforce of 262550 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 28.72, with a change in price of +5.35. Similarly, Aramark recorded 2,898,708 in trading volume during the last 100 days, posting a change of +20.25%.
How ARMK’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 ARMK stands at 2.20. Similarly, the long-term debt-to-equity ratio is also 2.17.
ARMK Stock Stochastic Average
As of today, the raw stochastic average of Aramark over the past 50 days is 77.22%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 61.04%. Additionally, the Stochastic %K and %D values for the company were 82.68% and 90.32%, respectively, over the past 20 days.
ARMK Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 13.06%. However, over the past six months, we’ve seen a weaker performance of 20.74%. The price of ARMK fallen by 5.02% over the last 30 days. And in the last five days, it has surged by 0.44%.
