Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. DENTSPLY Sirona Inc’s current trading price is -25.95% away from its 52-week high, while its distance from the 52-week low is 21.89%. The stock’s price range during this period has varied between $26.27 and $43.24. The company, active in the Healthcare sector, saw a trading volume of around 2.13 million for the day, considerably lower average daily volume of 3.55 million observed over the last three months.
DENTSPLY Sirona Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $43.24 on 05/03/23, and the lowest price during that time was $26.27, recorded on 11/02/23.
How Financial Performance Impacts Market Capitalization
DENTSPLY Sirona Inc (XRAY) has experienced a quarterly decline of -14.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.64B and boasts a workforce of 15000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 33.58, with a change in price of +2.70. Similarly, DENTSPLY Sirona Inc recorded 3,410,903 in trading volume during the last 100 days, posting a change of +9.21%.
How XRAY’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for XRAY stands at 0.70. Similarly, the long-term debt-to-equity ratio is also 0.58.
XRAY Stock Stochastic Average
As of today, the raw stochastic average of DENTSPLY Sirona Inc over the last 50 days is at 13.47%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 19.55%. Further, the company’s Stochastic %K and %D values for the last 20 days were 33.37% and 34.63%, respectively.
XRAY 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 a decrease of -10.03%. However, over the last six months, the performance has been stronger by -1.17%. The price of XRAY decreased -4.73% over the last 30 days. And in the last five days, it has surged by 0.31%.
