Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Delta Air Lines, Inc.’s current trading price is -3.19% away from its 52-week high, while its distance from the 52-week low is 57.58%. The stock’s price range over this period has fluctuated between $30.60 and $49.81. The company, operating within the financial sector, had a trading volume of approximately 13.73 million for the day, which was noticeably higher than the average daily share volume of 10.23 million over the last 3 months.
Delta Air Lines, Inc. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $49.81 on 07/13/23, while the lowest value for the same period was recorded at $30.60 on 10/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Delta Air Lines, Inc. (DAL) has experienced a quarterly rise of 18.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.02B and boasts a workforce of 100000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 40.13, with a change in price of +14.87. Similarly, Delta Air Lines, Inc. recorded 9,816,316 in trading volume during the last 100 days, posting a change of +44.59%.
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 DAL stands at 2.46. Similarly, the long-term debt-to-equity ratio is also 2.12.
DAL Stock Stochastic Average
Today, Delta Air Lines, Inc.’s raw stochastic average for the past 50 days stands at 92.20%, indicating a rise from the raw stochastic average of the last 20 days, which was 87.85%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 94.16% and 96.00% respectively.
DAL 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. The index has shown a price gain of 19.86% this year. Over the last six months, there has been a weaker performance of 30.50%. The price of DAL fallen by 14.08% during the last 30 days period. For the last 5-days stocks have improved 5.77%.
