Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -5.24%.However, over the last six months, we can see a stronger performance of -10.43%. Over the last 30 days, the price of BKR has fallen by 10.92%. And in the last five days, it has surged by 3.48%.
Baker Hughes Co experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $37.58 on 09/05/23, while the lowest price for the same period was registered at $26.12 on 03/24/23.
52-week price history of BKR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Baker Hughes Co’s current trading price is -13.80% away from its 52-week high, while its distance from the 52-week low is 24.00%. The stock’s price range during this period has varied between$26.12 and $37.58. The Baker Hughes Co’s shares, which operate in the Energy, saw a trading volume of around 5.5 million for the day, a figure considerably lower than their average daily volume of 9.05 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Baker Hughes Co (BKR) has experienced a quarterly decline of -3.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 32.42B and boasts a workforce of 58000 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 32.08, with a change in price of -2.28. Similarly, Baker Hughes Co recorded 8,519,973 in trading volume during the last 100 days, posting a change of -6.58%.
BKR’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 BKR stands at 0.44. Similarly, the long-term debt-to-equity ratio is also 0.42.
BKR Stock Stochastic Average
Baker Hughes Co’s raw stochastic average for the past 50 days is presently 77.82%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 96.13%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 95.03% and 94.48%, respectively.
