The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Alphabet Inc’s current trading price is -2.61% away from its 52-week high, while its distance from the 52-week low is 50.73%. The stock’s price range for this period has been between $100.28 and $155.20 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 9.94 million for the day, a number notably lower than the average daily volume of 22.85 million over the last three months.
Alphabet Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $155.20 on 01/29/24, while the lowest value for the same period was recorded at $100.28 on 03/28/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alphabet Inc (GOOG) has experienced a quarterly rise of 8.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1879.27B and boasts a workforce of 182502 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 140.19, with a change in price of +28.04. Similarly, Alphabet Inc recorded 22,625,008 in trading volume during the last 100 days, posting a change of +22.72%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GOOG stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.09.
GOOG Stock Stochastic Average
As of today, Alphabet Inc’s raw stochastic average for the last 50 days stands at 84.10%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 93.03%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 86.08% and 82.28%, respectively.
GOOG Stock Price Performance Analysis
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. Until today this year the stock’s price performance recorded an increase of 7.25%. However, over the last six months, the performance has been weaker by 15.07%. The price of GOOG increased 4.01% over the last 30 days. And in the last five days, it has surged by 6.32%.
