The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 5.45%.However, over the last six months, we can see a weaker performance of 20.06%. Over the last 30 days, the price of BBY has fallen by 5.05%. And in the last five days, it has surged by 2.97%.
Best Buy Co. Inc. experienced a rather steady stock market performance. The highest value in the past year was recorded at $86.11 on 02/29/24 and the lowest value was $62.30 on 11/10/23.
52-week price history of BBY Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Best Buy Co. Inc.’s current trading price is -4.13% away from its 52-week high, while its distance from the 52-week low is 32.50%. The stock’s price range during this period has varied between$62.30 and $86.11. The Best Buy Co. Inc.’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 3.37 million for the day, a figure considerably higher than their average daily volume of 3.08 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Best Buy Co. Inc. (BBY) has experienced a quarterly rise of 9.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.78B and boasts a workforce of 85000 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 75.45, with a change in price of +18.71. Similarly, Best Buy Co. Inc. recorded 3,138,198 in trading volume during the last 100 days, posting a change of +29.31%.
BBY’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 BBY stands at 1.30. Similarly, the long-term debt-to-equity ratio is also 1.10.
BBY Stock Stochastic Average
Best Buy Co. Inc.’s raw stochastic average for the past 50 days is presently 75.47%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 88.45%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 63.47% and 52.11%, respectively.
