The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Schlumberger Ltd.’s current trading price is -16.29% away from its 52-week high, while its distance from the 52-week low is 21.69%. The stock’s price range for this period has been between $42.73 and $62.12 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 12.87 million for the day, a number notably higher than the average daily volume of 11.18 million over the last three months.
Schlumberger Ltd. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $62.12 on 09/12/23, while the lowest price for the same period was registered at $42.73 on 05/31/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Schlumberger Ltd. (SLB) has experienced a quarterly rise of 6.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 74.00B and boasts a workforce of 111000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 51.18, with a change in price of -0.11. Similarly, Schlumberger Ltd. recorded 10,707,036 in trading volume during the last 100 days, posting a change of -0.21%.
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 SLB stands at 0.62. Similarly, the long-term debt-to-equity ratio is also 0.57.
SLB Stock Stochastic Average
Schlumberger Ltd.’s raw stochastic average for the past 50 days is presently 57.97%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 3.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 35.62% and 52.73%, respectively.
SLB Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -0.08% this year. Over the last six months, there has been a stronger performance of -11.50%. The price of SLB leaped by -1.08% during the last 30 days period. For the last 5-days stocks have slided -5.51%.
