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. Deere & Co.’s current trading price is -9.13% away from its 52-week high, while its distance from the 52-week low is 18.33%. The stock’s price range over this period has fluctuated between $345.55 and $450.00. The company, operating within the financial sector, had a trading volume of approximately 0.64 million for the day, which was noticeably lower than the average daily share volume of 1.52 million over the last 3 months.
In terms of market performance, Deere & Co. had a fairly even. The highest value for the stock in the past year was $450.00 on 07/25/23, and the lowest value was recorded at $345.55 on 05/31/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Deere & Co. (DE) has experienced a quarterly rise of 3.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 113.82B and boasts a workforce of 83000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 383.89, with a change in price of +26.36. Similarly, Deere & Co. recorded 1,657,149 in trading volume during the last 100 days, posting a change of +6.92%.
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 DE stands at 2.87. Similarly, the long-term debt-to-equity ratio is also 1.81.
DE Stock Stochastic Average
Today’s raw stochastic average for Deere & Co. over the last 50 days is 87.72%.This indicates a increase from the raw stochastic average of the past 20 days, which was 80.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 88.47% and 91.27%, respectively.
DE Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 2.26%. However, over the past six months, we’ve seen a weaker performance of 4.62%. The price of DE fallen by 9.73% over the last 30 days. And in the last five days, it has surged by 0.44%.
