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 9.44%.However, over the last six months, we can see a weaker performance of 10.61%. Over the last 30 days, the price of PAA has fallen by 6.08%. And in the last five days, it has fallen by -1.49%.
Plains All American Pipeline LP experienced a rather steady stock market performance. The highest value in the past year was recorded at $17.02 on 03/13/24 and the lowest value was $11.28 on 03/24/23.
52-week price history of PAA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Plains All American Pipeline LP’s current trading price is -2.59% away from its 52-week high, while its distance from the 52-week low is 46.99%. The stock’s price range during this period has varied between$11.28 and $17.02. The Plains All American Pipeline LP’s shares, which operate in the Energy, saw a trading volume of around 2.16 million for the day, a figure considerably lower than their average daily volume of 3.4 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Plains All American Pipeline LP (PAA) has experienced a quarterly rise of 13.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.62B and boasts a workforce of 4200 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 15.64, with a change in price of +0.80. Similarly, Plains All American Pipeline LP recorded 3,229,492 in trading volume during the last 100 days, posting a change of +5.07%.
PAA’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 PAA stands at 0.78. Similarly, the long-term debt-to-equity ratio is also 0.73.
PAA Stock Stochastic Average
Plains All American Pipeline LP’s raw stochastic average for the past 50 days is presently 77.94%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 68.12%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 82.31% and 85.83%, respectively.
