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. Tesla Inc’s current trading price is -42.27% away from its 52-week high, while its distance from the 52-week low is 13.39%. The stock’s price range during this period has varied between $152.37 and $299.29. The company, active in the Consumer Cyclical sector, saw a trading volume of around 50.55 million for the day, considerably lower average daily volume of 102.66 million observed over the last three months.
Tesla Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $299.29 on 07/19/23, and the lowest price during the same period was recorded at $152.37 on 04/27/23.
How Financial Performance Impacts Market Capitalization
Tesla Inc (TSLA) has experienced a quarterly decline of -31.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 550.24B and boasts a workforce of 140473 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 212.06, with a change in price of -47.63. Similarly, Tesla Inc recorded 108,926,508 in trading volume during the last 100 days, posting a change of -21.65%.
How TSLA’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 TSLA stands at 0.15. Similarly, the long-term debt-to-equity ratio is also 0.10.
TSLA Stock Stochastic Average
As of today, the raw stochastic average of Tesla Inc over the past 50 days is 20.63%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 30.12%. Additionally, the Stochastic %K and %D values for the company were 33.19% and 36.48%, respectively, over the past 20 days.
TSLA 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 loss of -30.47%.However, over the last six months, we can see a stronger performance of -29.88%. Over the last 30 days, the price of TSLA has leaped by -14.42%. And in the last five days, it has surged by 1.14%.
