The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. NiSource Inc’s current trading price is -6.15% away from its 52-week high, while its distance from the 52-week low is 18.85%. The stock’s price range for this period has been between $22.86 and $28.95 The company’s shares, which are part of the Utilities sector, had a trading volume of approximately 3.97 million for the day, a number notably lower than the average daily volume of 4.36 million over the last three months.
NiSource Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $28.95 on 05/10/23, while the lowest price for the same period was registered at $22.86 on 10/03/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
NiSource Inc (NI) has experienced a quarterly rise of 1.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.16B and boasts a workforce of 7411 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 26.27, with a change in price of +2.19. Similarly, NiSource Inc recorded 4,749,639 in trading volume during the last 100 days, posting a change of +8.77%.
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 NI stands at 1.71. Similarly, the long-term debt-to-equity ratio is also 1.34.
NI Stock Stochastic Average
NiSource Inc’s raw stochastic average for the past 50 days is presently 80.51%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 66.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 76.05% and 82.79%, respectively.
NI Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 2.34% this year. Over the last six months, there has been a weaker performance of 13.40%. The price of NI fallen by 2.18% during the last 30 days period. For the last 5-days stocks have slided -1.06%.
