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HAL’s Financial Health: Exploring Halliburton Co.’s Debt-to-Equity Ratio of 1.79

CSCO Stock

Halliburton Co.’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $43.85 on 10/18/23, with the lowest value being $27.84 on 05/16/23.

52-week price history of HAL Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Halliburton Co.’s current trading price is -8.99% away from its 52-week high, while its distance from the 52-week low is 43.35%. The stock’s price range during this period has fluctuated between $27.84 and $43.85. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 5.71 million for the day, which was evidently lower than the average daily volume of 7.45 million over the last three months.

Financial Performance and Market Capitalization

Halliburton Co. (HAL) has experienced a quarterly rise of 10.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 35.52B and boasts a workforce of 48000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 36.30, with a change in price of +0.39. Similarly, Halliburton Co. recorded 7,090,651 in trading volume during the last 100 days, posting a change of +0.99%.

HAL 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 HAL stands at 0.94. Similarly, the long-term debt-to-equity ratio is also 0.91.

HAL Stock Stochastic Average

Halliburton Co.’s raw stochastic average for the past 50 days is currently at 92.12%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 90.57%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 94.78% and 95.33%, respectively.

HAL Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 10.40% this year. Over the last six months, there has been a stronger performance of -1.46%. The price of HAL fallen by 11.98% during the last 30 days period. For the last 5-days stocks have improved 2.81%.