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A Tale of Resilience: Apple Inc Amid Stock Market Turbulence

Apple Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $199.62 on 12/14/23, and the lowest price during that time was $159.35, recorded on 04/12/23.

52-week price history of AAPL Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Apple Inc’s current trading price is -14.88% away from its 52-week high, while its distance from the 52-week low is 6.64%. The stock’s price range during this period has fluctuated between $159.35 and $199.62. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 23.39 million for the day, which was evidently lower than the average daily volume of 61.69 million over the last three months.

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Financial Performance and Market Capitalization

Apple Inc (AAPL) has experienced a quarterly decline of -12.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2623.96B and boasts a workforce of 161000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 185.23, with a change in price of -6.82. Similarly, Apple Inc recorded 57,540,301 in trading volume during the last 100 days, posting a change of -3.86%.

AAPL 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 AAPL stands at 1.46. Similarly, the long-term debt-to-equity ratio is also 1.28.

AAPL Stock Stochastic Average

The raw stochastic average for Apple Inc over the last 50 days is presently at 4.79%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 13.11%. Further, the company’s Stochastic %K and %D values for the last 20 days were 20.93% and 23.79%, respectively.

AAPL Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -11.74%. However, over the past six months, we’ve seen a stronger performance of -0.45%. The price of AAPL leaped by -5.99% over the last 30 days. And in the last five days, it has fallen by -1.37%.

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