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Evergy Inc (EVRG) Stock: Navigating a Year of Volatility

CSCO Stock

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. Evergy Inc’s current trading price is -19.39% away from its 52-week high, while its distance from the 52-week low is 9.68%. The stock’s price range during this period has varied between $46.92 and $63.84. The company, active in the Utilities sector, saw a trading volume of around 2.05 million for the day, considerably lower average daily volume of 2.67 million observed over the last three months.

Evergy Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $63.84 on 04/25/23, while the lowest price during the same period was $46.92 on 10/06/23.

How Financial Performance Impacts Market Capitalization

Evergy Inc (EVRG) has experienced a quarterly decline of -4.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.82B and boasts a workforce of 4658 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 51.31, with a change in price of +1.19. Similarly, Evergy Inc recorded 2,750,062 in trading volume during the last 100 days, posting a change of +2.37%.

How EVRG’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 EVRG stands at 1.37. Similarly, the long-term debt-to-equity ratio is also 1.15.

EVRG Stock Stochastic Average

As of today, the raw stochastic average of Evergy Inc over the last 50 days is at 61.57%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 28.83%. Further, the company’s Stochastic %K and %D values for the last 20 days were 48.06% and 59.87%, respectively.

EVRG Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -1.42%.However, over the last six months, we can see a weaker performance of 3.54%. Over the last 30 days, the price of EVRG has fallen by 0.37%. And in the last five days, it has fallen by -2.32%.