Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Fabrinet’s current trading price is -9.70% away from its 52-week high, while its distance from the 52-week low is 129.29%. The stock’s price range over this period has fluctuated between $90.19 and $229.02. The company, operating within the financial sector, had a trading volume of approximately 0.6 million for the day, which was noticeably higher than the average daily share volume of 0.43 million over the last 3 months.
Fabrinet experienced a rather steady stock market performance. The highest value in the past year was recorded at $229.02 on 02/05/24 and the lowest value was $90.19 on 05/11/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fabrinet (FN) has experienced a quarterly rise of 7.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.51B and boasts a workforce of 14663 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 188.50, with a change in price of +53.54. Similarly, Fabrinet recorded 397,995 in trading volume during the last 100 days, posting a change of +34.93%.
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 FN stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
FN Stock Stochastic Average
Today, Fabrinet’s raw stochastic average for the past 50 days stands at 64.45%, indicating a rise from the raw stochastic average of the last 20 days, which was 50.02%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.01% and 30.68% respectively.
FN 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. The metric has seen a significant gain of 8.65% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 34.50%. Over the past 30 days, the price of FN has fallen by 9.77%. And in the last five days, it has surged by 4.48%.
