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J.B. Hunt Transport Services, Inc. Inc. (JBHT) Price Performance: A Technical Analysis Perspective

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 decrease of -15.92%. However, over the past six months, we’ve seen a stronger performance of -14.65%. The price of JBHT leaped by -12.16% over the last 30 days. And in the last five days, it has fallen by -10.76%.

In terms of market performance, J.B. Hunt Transport Services, Inc. had a fairly uneven. The highest value for the stock in the past year was $219.51 on 02/15/24, and the lowest value was recorded at $164.39 on 04/17/24.

52-week price history of JBHT Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. J.B. Hunt Transport Services, Inc.’s current trading price is -23.49% away from its 52-week high, while its distance from the 52-week low is 2.16%. The stock’s price range during this period has varied between$164.39 and $219.51. The J.B. Hunt Transport Services, Inc.’s shares, which operate in the Industrials, saw a trading volume of around 1.63 million for the day, a figure considerably higher than their average daily volume of 0.8 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

J.B. Hunt Transport Services, Inc. (JBHT) has experienced a quarterly decline of -12.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.35B and boasts a workforce of 34718 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 197.84, with a change in price of -14.11. Similarly, J.B. Hunt Transport Services, Inc. recorded 752,363 in trading volume during the last 100 days, posting a change of -7.82%.

JBHT’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 JBHT stands at 0.47. Similarly, the long-term debt-to-equity ratio is also 0.38.

JBHT Stock Stochastic Average

J.B. Hunt Transport Services, Inc.’s raw stochastic average for the past 50 days is presently 10.34%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 15.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 7.67% and 7.55%, respectively.