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. AT&T, Inc.’s current trading price is -18.76% away from its 52-week high, while its distance from the 52-week low is 20.92%. The stock’s price range during this period has varied between $13.43 and $19.99. The company, active in the Communication Services sector, saw a trading volume of around 38.21 million for the day, considerably lower average daily volume of 38.58 million observed over the last three months.
In terms of market performance, AT&T, Inc. had a somewhat inconsistent run in. The highest value for the stock in the past year was $19.99 on 04/17/23, while the lowest value was $13.43 on 07/18/23.
How Financial Performance Impacts Market Capitalization
AT&T, Inc. (T) has experienced a quarterly decline of -1.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 116.16B and boasts a workforce of 149900 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 16.92, with a change in price of +0.34. Similarly, AT&T, Inc. recorded 37,966,848 in trading volume during the last 100 days, posting a change of +2.14%.
How T’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 T stands at 1.53. Similarly, the long-term debt-to-equity ratio is also 1.41.
T Stock Stochastic Average
As of today, the raw stochastic average of AT&T, Inc. over the last 50 days is at 5.95%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 6.29%. Further, the company’s Stochastic %K and %D values for the last 20 days were 8.63% and 13.15%, respectively.
T 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. Until today this year the stock’s price performance recorded a decrease of -3.22%. However, over the last six months, the performance has been weaker by 12.39%. The price of T decreased -4.53% over the last 30 days. And in the last five days, it has fallen by -5.86%.
