Nike, Inc. had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $128.68 on 05/01/23, while the lowest price during the same period was $88.66 on 09/28/23.
52-week price history of NKE Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Nike, Inc.’s current trading price is -27.06% away from its 52-week high, while its distance from the 52-week low is 5.87%. The stock’s price range during this period has fluctuated between $88.66 and $128.68. Shares of the company, which operates in the Consumer Cyclical sector, recorded a trading volume of around 41.7 million for the day, which was evidently higher than the average daily volume of 9.38 million over the last three months.
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Financial Performance and Market Capitalization
Nike, Inc. (NKE) has experienced a quarterly decline of -22.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 142.21B and boasts a workforce of 83700 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 106.06, with a change in price of -4.12. Similarly, Nike, Inc. recorded 9,150,477 in trading volume during the last 100 days, posting a change of -4.20%.
NKE Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NKE stands at 0.85. Similarly, the long-term debt-to-equity ratio is also 0.82.
NKE Stock Stochastic Average
The raw stochastic average for Nike, Inc. over the last 50 days is presently at 13.62%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 14.88%. Further, the company’s Stochastic %K and %D values for the last 20 days were 29.26% and 30.28%, respectively.
NKE 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. Until today this year the stock’s price performance recorded a decrease of -13.55%. However, over the last six months, the performance has been weaker by 2.48%. The price of NKE decreased -10.68% over the last 30 days. And in the last five days, it has fallen by -5.80%.
