The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 42.60%.However, over the last six months, we can see a weaker performance of 44.76%. Over the last 30 days, the price of AAP has fallen by 42.28%. And in the last five days, it has surged by 9.43%.
Advance Auto Parts Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $129.90 on 04/21/23 and a low of $47.73 for the same time frame on 10/25/23.
52-week price history of AAP Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Advance Auto Parts Inc’s current trading price is -33.00% away from its 52-week high, while its distance from the 52-week low is 82.34%. The stock’s price range during this period has varied between$47.73 and $129.90. The Advance Auto Parts Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.26 million for the day, a figure considerably lower than their average daily volume of 1.84 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Advance Auto Parts Inc (AAP) has experienced a quarterly rise of 43.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.18B and boasts a workforce of 69000 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 62.55, with a change in price of +36.05. Similarly, Advance Auto Parts Inc recorded 1,995,035 in trading volume during the last 100 days, posting a change of +70.64%.
AAP’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 AAP stands at 1.76. Similarly, the long-term debt-to-equity ratio is also 1.59.
AAP Stock Stochastic Average
As of today, Advance Auto Parts Inc’s raw stochastic average for the last 50 days stands at 94.78%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 94.78%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 95.57% and 96.65%, respectively.
