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. Corebridge Financial Inc.’s current trading price is -2.48% away from its 52-week high, while its distance from the 52-week low is 110.26%. The stock’s price range during this period has varied between $13.39 and $28.86. The company, active in the Financial sector, saw a trading volume of around 5.77 million for the day, considerably higher average daily volume of 4.23 million observed over the last three months.
Corebridge Financial Inc.’s stock has had a calm market performance. The 1-year high for the company’s stock was $28.86 on 03/26/24, and the lowest price during the same period was recorded at $13.39 on 05/04/23.
How Financial Performance Impacts Market Capitalization
Corebridge Financial Inc. (CRBG) has experienced a quarterly rise of 29.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.50B and boasts a workforce of 5700 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 23.08, with a change in price of +7.18. Similarly, Corebridge Financial Inc. recorded 4,561,363 in trading volume during the last 100 days, posting a change of +34.24%.
How CRBG’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 CRBG stands at 1.01. Similarly, the long-term debt-to-equity ratio is also 0.99.
CRBG Stock Stochastic Average
As of today, the raw stochastic average of Corebridge Financial Inc. over the past 50 days is 87.79%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 85.97%. Additionally, the Stochastic %K and %D values for the company were 87.96% and 90.61%, respectively, over the past 20 days.
CRBG Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 29.96%.However, over the last six months, we can see a weaker performance of 52.17%. Over the last 30 days, the price of CRBG has fallen by 13.78%. And in the last five days, it has surged by 3.38%.
