The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Old Dominion Freight Line, Inc.’s current trading price is -8.00% away from its 52-week high, while its distance from the 52-week low is 41.71%. The stock’s price range for this period has been between $147.90 and $227.80 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 0.99 million for the day, a number notably lower than the average daily volume of 1.34 million over the last three months.
Old Dominion Freight Line, Inc. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $227.80 on 04/08/24, while the lowest price for the same duration was marked at $147.90 on 05/24/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Old Dominion Freight Line, Inc. (ODFL) has experienced a quarterly rise of 10.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.62B and boasts a workforce of 22902 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 207.10, with a change in price of +6.67. Similarly, Old Dominion Freight Line, Inc. recorded 1,351,640 in trading volume during the last 100 days, posting a change of +3.30%.
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 ODFL stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.04.
ODFL Stock Stochastic Average
As of today, Old Dominion Freight Line, Inc.’s raw stochastic average for the last 50 days stands at 13.75%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 9.63%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 43.91% and 55.99%, respectively.
ODFL Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 3.41% this year. Over the last six months, there has been a weaker performance of 1.64%. The price of ODFL fallen by 0.10% during the last 30 days period. For the last 5-days stocks have slided -2.54%.
