Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 29.87%. However, over the past six months, we’ve seen a weaker performance of 48.43%. The price of AAP fallen by 9.08% over the last 30 days. And in the last five days, it has fallen by -7.10%.
In terms of market performance, Advance Auto Parts Inc had a fairly uneven. The highest value for the stock in the past year was $129.90 on 04/21/23, and the lowest value was recorded at $47.73 on 10/25/23.
52-week price history of AAP Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Advance Auto Parts Inc’s current trading price is -38.98% away from its 52-week high, while its distance from the 52-week low is 66.06%. The stock’s price range during this period has varied between$47.73 and $129.90. The Advance Auto Parts Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 2.14 million for the day, a figure considerably higher than their average daily volume of 1.9 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Advance Auto Parts Inc (AAP) has experienced a quarterly rise of 29.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.72B and boasts a workforce of 69000 employees.
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 65.24, with a change in price of +21.62. Similarly, Advance Auto Parts Inc recorded 2,027,693 in trading volume during the last 100 days, posting a change of +37.51%.
AAP’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 AAP stands at 1.76. Similarly, the long-term debt-to-equity ratio is also 1.59.
AAP Stock Stochastic Average
Advance Auto Parts Inc’s raw stochastic average for the past 50 days is presently 67.22%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 48.65%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 66.73% and 75.70%, respectively.
