GTES Stock: A Comprehensive Analysis and Forecast

In terms of market performance, Gates Industrial Corporation plc had a fairly even. The highest value for the stock in the past year was $17.85 on 04/01/24, and the lowest value was recorded at $10.68 on 10/27/23.

52-week price history of GTES Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Gates Industrial Corporation plc’s current trading price is -1.43% away from its 52-week high, while its distance from the 52-week low is 64.79%. The stock’s price range during this period has spanned from $10.68 to $17.85. In the Industrials sector, the Gates Industrial Corporation plc’s shares surpassed a trading volume of approximately 4.16 million for the day, which was noticeably higher compared to the average daily volume of 9.3.03 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Gates Industrial Corporation plc (GTES) has experienced a quarterly rise of 31.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.65B and boasts a workforce of 14700 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 13.78, with a change in price of +6.26. Similarly, Gates Industrial Corporation plc recorded 2,614,837 in trading volume during the last 100 days, posting a change of +55.20%.

Examining GTES’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for GTES stands at 0.80. Similarly, the long-term debt-to-equity ratio is also 0.78.

GTES Stock Stochastic Average

Today’s raw stochastic average for Gates Industrial Corporation plc over the last 50 days is 95.32%.This indicates a increase from the raw stochastic average of the past 20 days, which was 91.73%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 92.73% and 94.61%, respectively.

GTES Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 31.15% this year. Over the last six months, there has been a weaker performance of 53.44%. The price of GTES fallen by 18.36% during the last 30 days period. For the last 5-days stocks have improved 0.51%.

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