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. Tenaris S.A. ADR’s current trading price is -4.46% away from its 52-week high, while its distance from the 52-week low is 57.59%. The stock’s price range over this period has fluctuated between $24.69 and $40.72. The company, operating within the financial sector, had a trading volume of approximately 0.76 million for the day, which was noticeably lower than the average daily share volume of 2.02 million over the last 3 months.
Tenaris S.A. ADR ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $40.72 on 04/04/24, while the lowest value for the same period was recorded at $24.69 on 05/31/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Tenaris S.A. ADR (TS) has experienced a quarterly rise of 20.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.72B and boasts a workforce of 29134 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 35.05, with a change in price of +5.31. Similarly, Tenaris S.A. ADR recorded 1,969,325 in trading volume during the last 100 days, posting a change of +15.83%.
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 TS stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.01.
TS Stock Stochastic Average
Today, Tenaris S.A. ADR’s raw stochastic average for the past 50 days stands at 80.71%, indicating a rise from the raw stochastic average of the last 20 days, which was 27.01%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 49.05% and 59.99% respectively.
TS Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 11.94% this year. Over the last six months, there has been a weaker performance of 18.30%. The price of TS leaped by -0.28% during the last 30 days period. For the last 5-days stocks have slided -2.58%.
