The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -3.93%.However, over the last six months, we can see a weaker performance of 9.02%. Over the last 30 days, the price of LUV has leaped by -1.30%. And in the last five days, it has fallen by -3.16%.
Southwest Airlines Co experienced a rather shaky stock market performance. The highest value in the past year was recorded at $39.53 on 07/12/23 and the lowest value was $21.91 on 11/01/23.
52-week price history of LUV Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Southwest Airlines Co’s current trading price is -29.81% away from its 52-week high, while its distance from the 52-week low is 26.61%. The stock’s price range during this period has varied between$21.91 and $39.53. The Southwest Airlines Co’s shares, which operate in the Industrials, saw a trading volume of around 3.18 million for the day, a figure considerably lower than their average daily volume of 8.5 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Southwest Airlines Co (LUV) has experienced a quarterly decline of -2.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.55B and boasts a workforce of 74806 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.77, with a change in price of +3.08. Similarly, Southwest Airlines Co recorded 8,423,033 in trading volume during the last 100 days, posting a change of +12.41%.
LUV’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for LUV stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.85.
LUV Stock Stochastic Average
Southwest Airlines Co’s raw stochastic average for the past 50 days is presently 6.18%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 22.86%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 24.16% and 25.68%, respectively.
