Netflix Inc. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $634.39 on 04/04/24, while the lowest price for the same period was registered at $315.62 on 05/02/23.
52-week price history of NFLX Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Netflix Inc.’s current trading price is -2.72% away from its 52-week high, while its distance from the 52-week low is 95.53%. The stock’s price range during this period has spanned from $315.62 to $634.39. In the Communication Services sector, the Netflix Inc.’s shares surpassed a trading volume of approximately 3.04 million for the day, which was noticeably lower compared to the average daily volume of 9.4.46 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Netflix Inc. (NFLX) has experienced a quarterly rise of 31.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 267.07B and boasts a workforce of 13000 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 533.37, with a change in price of +180.49. Similarly, Netflix Inc. recorded 4,184,416 in trading volume during the last 100 days, posting a change of +41.34%.
Examining NFLX’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 NFLX stands at 0.82. Similarly, the long-term debt-to-equity ratio is also 0.79.
NFLX Stock Stochastic Average
Today’s raw stochastic average for Netflix Inc. over the last 50 days is 79.33%.This indicates a increase from the raw stochastic average of the past 20 days, which was 50.45%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 64.10% and 58.66%, respectively.
NFLX Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 26.75%. However, over the last six months, the performance has been weaker by 63.81%. The price of NFLX increased 3.11% over the last 30 days. And in the last five days, it has surged by 0.59%.
