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. Delta Air Lines, Inc.’s current trading price is -9.66% away from its 52-week high, while its distance from the 52-week low is 47.06%. The stock’s price range over this period has fluctuated between $30.60 and $49.81. The company, operating within the financial sector, had a trading volume of approximately 3.17 million for the day, which was noticeably lower than the average daily share volume of 9.97 million over the last 3 months.
In terms of market performance, Delta Air Lines, Inc. had a fairly even. The highest value for the stock in the past year was $49.81 on 07/13/23, and the lowest value was recorded at $30.60 on 10/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Delta Air Lines, Inc. (DAL) has experienced a quarterly rise of 9.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 28.95B and boasts a workforce of 100000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 39.51, with a change in price of +13.70. Similarly, Delta Air Lines, Inc. recorded 9,711,839 in trading volume during the last 100 days, posting a change of +43.87%.
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 DAL stands at 2.46. Similarly, the long-term debt-to-equity ratio is also 2.12.
DAL Stock Stochastic Average
Today’s raw stochastic average for Delta Air Lines, Inc. over the last 50 days is 87.56%.This indicates a increase from the raw stochastic average of the past 20 days, which was 75.50%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 87.74% and 92.23%, respectively.
DAL Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 11.86%. However, over the past six months, we’ve seen a weaker performance of 19.46%. The price of DAL fallen by 7.86% over the last 30 days. And in the last five days, it has surged by 3.59%.
