The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Alphabet Inc’s current trading price is -3.32% away from its 52-week high, while its distance from the 52-week low is 51.38%. The stock’s price range for this period has been between $103.27 and $161.70 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 20.88 million for the day, a number notably lower than the average daily volume of 23.26 million over the last three months.
Alphabet Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $161.70 on 04/12/24 and a low of $103.27 for the same time frame on 04/26/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alphabet Inc (GOOG) has experienced a quarterly rise of 8.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1943.65B and boasts a workforce of 182502 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 143.68, with a change in price of +19.39. Similarly, Alphabet Inc recorded 22,528,492 in trading volume during the last 100 days, posting a change of +14.16%.
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 GOOG stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.09.
GOOG Stock Stochastic Average
Alphabet Inc’s raw stochastic average for the past 50 days is presently 82.19%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 63.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.20% and 89.29%, respectively.
GOOG Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 10.93%. However, over the past six months, we’ve seen a weaker performance of 11.43%. The price of GOOG fallen by 8.31% over the last 30 days. And in the last five days, it has surged by 0.12%.
