Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Southwest Airlines Co’s current trading price is -27.52% away from its 52-week high, while its distance from the 52-week low is 30.74%. The stock’s price range over this period has fluctuated between $21.91 and $39.53. The company, operating within the financial sector, had a trading volume of approximately 6.85 million for the day, which was noticeably lower than the average daily share volume of 8.43 million over the last 3 months.
The market performance of Southwest Airlines Co’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $39.53 on 07/12/23, while the lowest value for the same duration was $21.91 on 11/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Southwest Airlines Co (LUV) has experienced a quarterly decline of -1.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.09B and boasts a workforce of 74806 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.58, with a change in price of +5.49. Similarly, Southwest Airlines Co recorded 8,391,671 in trading volume during the last 100 days, posting a change of +23.70%.
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 LUV stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.85.
LUV Stock Stochastic Average
Today, Southwest Airlines Co’s raw stochastic average for the past 50 days stands at 11.99%, indicating a decline from the raw stochastic average of the last 20 days, which was 13.55%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 8.13% and 5.93% respectively.
LUV 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. This year’s metric has recorded a Price decrease of -0.80%. However, over the past six months, we’ve seen a weaker performance of 4.87%. The price of LUV leaped by -17.74% over the last 30 days. And in the last five days, it has fallen by -1.82%.
