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Behind Walgreens Boots Alliance Inc’s 52-Week Range: Uncovering Opportunities for Investors

Walgreens Boots Alliance Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $36.58 on 04/12/23, while the lowest price for the same duration was marked at $19.68 on 11/30/23.

52-week price history of WBA Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Walgreens Boots Alliance Inc’s current trading price is -43.74% away from its 52-week high, while its distance from the 52-week low is 4.55%. The stock’s price range during this period has spanned from $19.68 to $36.58. In the Healthcare sector, the Walgreens Boots Alliance Inc’s shares surpassed a trading volume of approximately 8.21 million for the day, which was noticeably lower compared to the average daily volume of 9.13.51 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Walgreens Boots Alliance Inc (WBA) has experienced a quarterly decline of -18.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.75B and boasts a workforce of 331000 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 22.37, with a change in price of -0.56. Similarly, Walgreens Boots Alliance Inc recorded 12,963,151 in trading volume during the last 100 days, posting a change of -2.65%.

Examining WBA’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for WBA stands at 1.78. Similarly, the long-term debt-to-equity ratio is also 1.57.

WBA Stock Stochastic Average

Today, Walgreens Boots Alliance Inc’s raw stochastic average for the past 50 days stands at 3.55%, indicating a decline from the raw stochastic average of the last 20 days, which was 11.59%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 27.04% and 27.40% respectively.

WBA Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -21.18% this year. Over the last six months, there has been a stronger performance of -4.06%. The price of WBA leaped by -4.59% during the last 30 days period. For the last 5-days stocks have slided -1.15%.