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 14.01% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 20.12%. Over the past 30 days, the price of LIN has fallen by 11.91%. And in the last five days, it has surged by 1.23%.
Linde Plc. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $477.71 on 03/13/24, while the lowest value for the same period was recorded at $324.11 on 03/16/23.
52-week price history of LIN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Linde Plc.’s current trading price is -1.98% away from its 52-week high, while its distance from the 52-week low is 44.47%. The stock’s price range during this period has varied between$324.11 and $477.71. The Linde Plc.’s shares, which operate in the Basic Materials, saw a trading volume of around 33.35 million for the day, a figure considerably higher than their average daily volume of 1.82 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Linde Plc. (LIN) has experienced a quarterly rise of 14.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 225.49B and boasts a workforce of 66323 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 414.37, with a change in price of +101.87. Similarly, Linde Plc. recorded 2,149,052 in trading volume during the last 100 days, posting a change of +27.81%.
LIN’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 LIN stands at 0.51. Similarly, the long-term debt-to-equity ratio is also 0.36.
LIN Stock Stochastic Average
Linde Plc.’s raw stochastic average for the past 50 days is presently 88.39%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 79.86%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.58% and 93.01%, respectively.
