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Charting the Course: Sunoco LP’s SUN Stock Prospects

The stock market performance of Sunoco LP has been very steady. Over the last year, the company’s stock hit its highest at $64.89 on 03/06/24, while the lowest price during the same time frame was $41.95, recorded on 05/30/23.

52-week price history of SUN Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Sunoco LP’s current trading price is -7.09% away from its 52-week high, while its distance from the 52-week low is 43.72%. The stock’s price range during this period has fluctuated between $41.95 and $64.89. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 0.25 million for the day, which was evidently lower than the average daily volume of 0.47 million over the last three months.

Financial Performance and Market Capitalization

Sunoco LP (SUN) has experienced a quarterly decline of -2.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.09B and boasts a workforce of 2389 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 58.38, with a change in price of +7.47. Similarly, Sunoco LP recorded 625,221 in trading volume during the last 100 days, posting a change of +14.14%.

SUN 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 SUN stands at 4.21. Similarly, the long-term debt-to-equity ratio is also 4.18.

SUN Stock Stochastic Average

Sunoco LP’s raw stochastic average for the past 50 days is currently at 58.97%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 10.33%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 8.66% and 16.27%, respectively.

SUN Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 0.60%. However, over the past six months, we’ve seen a weaker performance of 27.44%. The price of SUN fallen by 0.27% over the last 30 days. And in the last five days, it has fallen by -3.30%.