The market performance of Eaton Corporation plc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $331.47 on 04/05/24, while the lowest value for the same duration was $155.38 on 04/10/23.
52-week price history of ETN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Eaton Corporation plc’s current trading price is -4.71% away from its 52-week high, while its distance from the 52-week low is 103.28%. The stock’s price range during the 52-week period has remained between $155.38 and $331.47. In the Industrials sector, the company’s shares saw a trading volume of around 1.42 million for the day, which was evidently lower than the average daily volume of 1.89 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Eaton Corporation plc (ETN) has experienced a quarterly rise of 32.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 126.19B and boasts a workforce of 94000 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 263.46, with a change in price of +91.55. Similarly, Eaton Corporation plc recorded 1,740,533 in trading volume during the last 100 days, posting a change of +41.13%.
Examining ETN’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 ETN stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.46.
ETN Stock Stochastic Average
As of today, Eaton Corporation plc’s raw stochastic average for the last 50 days stands at 80.09%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 56.11%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 80.11% and 87.21%, respectively.
ETN 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. Until today this year the stock’s price performance recorded an increase of 31.16%. However, over the last six months, the performance has been weaker by 50.27%. The price of ETN increased 6.18% over the last 30 days. And in the last five days, it has surged by 0.35%.
