Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Walmart Inc’s current trading price is -1.86% away from its 52-week high, while its distance from the 52-week low is 27.14%. The stock’s price range during this period has varied between $47.59 and $61.65. The company, active in the Consumer Defensive sector, saw a trading volume of around 13.73 million for the day, considerably lower average daily volume of 20.52 million observed over the last three months.
Walmart Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $61.65 on 03/21/24, and the lowest price during that time was $47.59, recorded on 03/27/23.
How Financial Performance Impacts Market Capitalization
Walmart Inc (WMT) has experienced a quarterly rise of 15.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 487.27B and boasts a workforce of 2100000 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 55.27, with a change in price of +6.04. Similarly, Walmart Inc recorded 22,964,643 in trading volume during the last 100 days, posting a change of +11.09%.
How WMT’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 WMT stands at 0.73. Similarly, the long-term debt-to-equity ratio is also 0.65.
WMT Stock Stochastic Average
As of today, the raw stochastic average of Walmart Inc over the past 50 days is 86.06%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 66.86%. Additionally, the Stochastic %K and %D values for the company were 70.96% and 79.58%, respectively, over the past 20 days.
WMT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 15.15%. However, over the past six months, we’ve seen a weaker performance of 11.32%. The price of WMT fallen by 1.53% over the last 30 days. And in the last five days, it has fallen by -0.59%.
