The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Oneok Inc.’s current trading price is -2.17% away from its 52-week high, while its distance from the 52-week low is 41.41%. The stock’s price range for this period has been between $55.91 and $80.81 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 3.34 million for the day, a number notably higher than the average daily volume of 3.06 million over the last three months.
Oneok Inc. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $80.81 on 04/04/24, while the lowest value for the same period was recorded at $55.91 on 05/17/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Oneok Inc. (OKE) has experienced a quarterly rise of 12.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 46.10B and boasts a workforce of 4775 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 72.06, with a change in price of +13.33. Similarly, Oneok Inc. recorded 3,331,533 in trading volume during the last 100 days, posting a change of +20.28%.
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 OKE stands at 1.32. Similarly, the long-term debt-to-equity ratio is also 1.29.
OKE Stock Stochastic Average
As of today, Oneok Inc.’s raw stochastic average for the last 50 days stands at 87.28%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 61.11%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 73.93% and 75.23%, respectively.
OKE 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 12.59%. However, over the last six months, the performance has been weaker by 19.88%. The price of OKE increased 2.29% over the last 30 days. And in the last five days, it has fallen by -1.36%.
