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Cheesecake Factory Inc. (CAKE) Stock: Uncovering a 52-Week Range and Trading Volume

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Cheesecake Factory Inc.’s current trading price is -7.78% away from its 52-week high, while its distance from the 52-week low is 23.23%. The stock’s price range for this time frame has been between $28.58 and $38.19. The trading volume of the company’s shares in the Consumer Cyclical reached around 1.02 million for the day, which was evidently higher than the average daily volume of 0.81 million over the last three months.

Cheesecake Factory Inc.’s stock has had a calm market performance. The 1-year high for the company’s stock was $38.19 on 08/03/23, and the lowest price during the same period was recorded at $28.58 on 10/03/23.

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How Financial Performance Impacts Market Capitalization

Cheesecake Factory Inc. (CAKE) has experienced a quarterly rise of 0.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.80B and boasts a workforce of 47900 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 33.86, with a change in price of +5.15. Similarly, Cheesecake Factory Inc. recorded 846,495 in trading volume during the last 100 days, posting a change of +17.13%.

How CAKE’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 CAKE stands at 5.85. Similarly, the long-term debt-to-equity ratio is also 5.42.

CAKE Stock Stochastic Average

The raw stochastic average for Cheesecake Factory Inc. over the last 50 days is presently at 63.58%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 20.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 49.52% and 54.13%, respectively.

CAKE Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 0.60%. However, over the past six months, we’ve seen a weaker performance of 18.91%. The price of CAKE fallen by 2.89% over the last 30 days. And in the last five days, it has fallen by -2.06%.

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