logo

DBX’s Financial Health: Exploring Dropbox Inc’s Debt-to-Equity Ratio of 1.79

Dropbox Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $33.43 on 02/09/24, with the lowest value being $19.55 on 05/04/23.

52-week price history of DBX Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Dropbox Inc’s current trading price is -26.62% away from its 52-week high, while its distance from the 52-week low is 25.51%. The stock’s price range for this period has remained between $19.55 and $33.43. The Technology sector company’s shares managed to surpass a trading volume of around 4.68 million for the day, which was noticeably higher compared to the shares’ average daily volume of 3.96 million over the last three months.

Financial Performance and Market Capitalization

Dropbox Inc (DBX) has experienced a quarterly decline of -17.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.44B and boasts a workforce of 2693 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 28.22, with a change in price of -2.78. Similarly, Dropbox Inc recorded 3,707,679 in trading volume during the last 100 days, posting a change of -10.18%.

DBX Stock Stochastic Average

As of today, the raw stochastic average of Dropbox Inc over the past 50 days is 12.75%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 89.66%. Additionally, the Stochastic %K and %D values for the company were 46.97% and 25.90%, respectively, over the past 20 days.

DBX Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a loss of -16.79%.However, over the last six months, we can see a stronger performance of -7.68%. Over the last 30 days, the price of DBX has leaped by -2.19%. And in the last five days, it has surged by 2.89%.