The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Newell Brands Inc’s current trading price is -35.84% away from its 52-week high, while its distance from the 52-week low is 25.94%. The stock’s price range for this period has been between $6.49 and $12.75 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 54.19 million for the day, a number notably higher than the average daily volume of 4.74 million over the last three months.
In terms of market performance, Newell Brands Inc had a fairly uneven. The highest value for the stock in the past year was $12.75 on 04/12/23, and the lowest value was recorded at $6.49 on 11/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Newell Brands Inc (NWL) has experienced a quarterly decline of -4.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.39B and boasts a workforce of 24600 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.87, with a change in price of +1.21. Similarly, Newell Brands Inc recorded 5,336,880 in trading volume during the last 100 days, posting a change of +17.36%.
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 NWL stands at 1.76. Similarly, the long-term debt-to-equity ratio is also 1.61.
NWL Stock Stochastic Average
As of today, Newell Brands Inc’s raw stochastic average for the last 50 days stands at 61.44%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 94.57%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 82.78% and 76.23%, respectively.
NWL 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. The metric has seen a significant loss of -5.76% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -15.84%. Over the past 30 days, the price of NWL has fallen by 7.49%. And in the last five days, it has surged by 4.07%.
