Schlumberger Ltd. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $62.12 on 09/12/23, while the lowest price for the same period was registered at $42.73 on 05/31/23.
52-week price history of SLB Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Schlumberger Ltd.’s current trading price is -13.99% away from its 52-week high, while its distance from the 52-week low is 25.04%. The stock’s price range during the 52-week period has remained between $42.73 and $62.12. In the Energy sector, the company’s shares saw a trading volume of around 5.66 million for the day, which was evidently lower than the average daily volume of 11.5 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Schlumberger Ltd. (SLB) has experienced a quarterly rise of 1.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 76.55B and boasts a workforce of 111000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 51.30, with a change in price of -5.41. Similarly, Schlumberger Ltd. recorded 10,622,131 in trading volume during the last 100 days, posting a change of -9.19%.
Examining SLB’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SLB stands at 0.62. Similarly, the long-term debt-to-equity ratio is also 0.57.
SLB Stock Stochastic Average
As of today, Schlumberger Ltd.’s raw stochastic average for the last 50 days stands at 93.01%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 91.79%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 88.67% and 91.18%, respectively.
SLB Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 2.67% this year. Over the last six months, there has been a stronger performance of -11.80%. The price of SLB fallen by 9.98% during the last 30 days period. For the last 5-days stocks have improved 3.69%.
