The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -1.58%.However, over the last six months, we can see a weaker performance of 19.75%. Over the last 30 days, the price of WPM has fallen by 15.70%. And in the last five days, it has surged by 8.13%.
Wheaton Precious Metals Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $52.76 on 04/13/23 and the lowest value was $38.37 on 10/03/23.
52-week price history of WPM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Wheaton Precious Metals Corp’s current trading price is -7.96% away from its 52-week high, while its distance from the 52-week low is 26.54%. The stock’s price range during this period has varied between$38.37 and $52.76. The Wheaton Precious Metals Corp’s shares, which operate in the Basic Materials, saw a trading volume of around 4.08 million for the day, a figure considerably higher than their average daily volume of 2.01 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Wheaton Precious Metals Corp (WPM) has experienced a quarterly decline of -1.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.00B.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 46.07, with a change in price of +4.05. Similarly, Wheaton Precious Metals Corp recorded 1,959,552 in trading volume during the last 100 days, posting a change of +9.10%.
WPM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WPM stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
WPM Stock Stochastic Average
Wheaton Precious Metals Corp’s raw stochastic average for the past 50 days is presently 98.52%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 97.57%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 94.67% and 93.99%, respectively.
