The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Pactiv Evergreen Inc’s current trading price is -6.10% away from its 52-week high, while its distance from the 52-week low is 109.05%. The stock’s price range for this period has been between $6.85 and $15.25 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 0.3 million for the day, a number notably lower than the average daily volume of 0.46 million over the last three months.
Pactiv Evergreen Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $15.25 on 01/23/24, while the lowest price for the same duration was marked at $6.85 on 05/04/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Pactiv Evergreen Inc (PTVE) has experienced a quarterly rise of 4.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.56B and boasts a workforce of 15000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.33, with a change in price of +4.03. Similarly, Pactiv Evergreen Inc recorded 388,867 in trading volume during the last 100 days, posting a change of +39.16%.
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 PTVE stands at 2.88. Similarly, the long-term debt-to-equity ratio is also 2.82.
PTVE Stock Stochastic Average
Pactiv Evergreen Inc’s raw stochastic average for the past 50 days is presently 76.81%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 97.78%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 81.82% and 75.23%, respectively.
PTVE 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. This year’s metric has recorded a Price increase of 4.45%. However, over the past six months, we’ve seen a weaker performance of 80.13%. The price of PTVE leaped by -1.04% over the last 30 days. And in the last five days, it has surged by 2.87%.
