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. Netflix Inc.’s current trading price is -2.70% away from its 52-week high, while its distance from the 52-week low is 97.00%. The stock’s price range during this period has varied between $315.62 and $639.00. The company, active in the Communication Services sector, saw a trading volume of around 1.46 million for the day, considerably lower average daily volume of 4.25 million observed over the last three months.
Netflix Inc. had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $639.00 on 04/08/24, while the lowest price during the same period was $315.62 on 05/02/23.
How Financial Performance Impacts Market Capitalization
Netflix Inc. (NFLX) has experienced a quarterly rise of 29.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 269.07B and boasts a workforce of 13000 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 546.72, with a change in price of +146.22. Similarly, Netflix Inc. recorded 4,096,734 in trading volume during the last 100 days, posting a change of +30.82%.
How NFLX’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 NFLX stands at 0.82. Similarly, the long-term debt-to-equity ratio is also 0.79.
NFLX Stock Stochastic Average
As of today, the raw stochastic average of Netflix Inc. over the last 50 days is at 79.65%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 51.05%. Further, the company’s Stochastic %K and %D values for the last 20 days were 40.90% and 49.10%, respectively.
NFLX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 27.70%. However, over the past six months, we’ve seen a weaker performance of 74.81%. The price of NFLX fallen by 2.62% over the last 30 days. And in the last five days, it has surged by 0.58%.
