A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Analog Devices Inc.’s current trading price is -4.17% away from its 52-week high, while its distance from the 52-week low is 25.38%. The stock’s price range for this time frame has been between $154.99 and $202.77. The trading volume of the company’s shares in the Technology reached around 2.59 million for the day, which was evidently lower than the average daily volume of 3.4 million over the last three months.
Analog Devices Inc.’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $202.77 on 12/15/23, with the lowest value being $154.99 on 10/30/23.
How Financial Performance Impacts Market Capitalization
Analog Devices Inc. (ADI) has experienced a quarterly decline of -1.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 96.37B and boasts a workforce of 26000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 187.44, with a change in price of +34.53. Similarly, Analog Devices Inc. recorded 3,393,456 in trading volume during the last 100 days, posting a change of +21.61%.
How ADI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ADI stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.17.
ADI Stock Stochastic Average
The raw stochastic average for Analog Devices Inc. over the last 50 days is presently at 58.49%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 59.23%. Further, the company’s Stochastic %K and %D values for the last 20 days were 42.77% and 47.53%, respectively.
ADI 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. Until today this year the stock’s price performance recorded a decrease of -2.14%. However, over the last six months, the performance has been weaker by 8.71%. The price of ADI increased 2.60% over the last 30 days. And in the last five days, it has fallen by -2.16%.
