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Foot Locker Inc Inc. (FL) Price Performance: The Role of Supply and Demand

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -24.17% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 30.14%. Over the past 30 days, the price of FL has leaped by -27.39%. And in the last five days, it has surged by 1.90%.

Foot Locker Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $47.00 on 03/21/23 and the lowest value was $14.84 on 08/23/23.

52-week price history of FL Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Foot Locker Inc’s current trading price is -49.74% away from its 52-week high, while its distance from the 52-week low is 59.16%. The stock’s price range during this period has varied between$14.84 and $47.00. The Foot Locker Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 2.96 million for the day, a figure considerably lower than their average daily volume of 3.65 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Foot Locker Inc (FL) has experienced a quarterly decline of -20.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.22B and boasts a workforce of 46880 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 27.47, with a change in price of +3.43. Similarly, Foot Locker Inc recorded 3,940,091 in trading volume during the last 100 days, posting a change of +16.99%.

FL’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 FL stands at 1.02. Similarly, the long-term debt-to-equity ratio is also 0.85.

FL Stock Stochastic Average

As of today, Foot Locker Inc’s raw stochastic average for the last 50 days stands at 10.40%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 10.40%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 8.05% and 5.26%, respectively.