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Duolingo Inc’s Banking’s 100-Day Moving Average at 210.45: Will the Stock Break Through?

The market performance of Duolingo Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $245.87 on 12/19/23, with the lowest value for the same timeframe being $116.82, recorded on 05/04/23.

52-week price history of DUOL Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Duolingo Inc’s current trading price is -14.14% away from its 52-week high, while its distance from the 52-week low is 80.71%. The stock’s price range during this period has fluctuated between $116.82 and $245.87. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 1.18 million for the day, which was evidently higher than the average daily volume of 0.63 million over the last three months.

Financial Performance and Market Capitalization

Duolingo Inc (DUOL) has experienced a quarterly rise of 5.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.05B and boasts a workforce of 720 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 210.45, with a change in price of -8.05. Similarly, Duolingo Inc recorded 621,876 in trading volume during the last 100 days, posting a change of -3.68%.

DUOL Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for DUOL stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.

DUOL Stock Stochastic Average

Duolingo Inc’s raw stochastic average for the past 50 days is currently at 52.58%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 32.02%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.80% and 7.52%, respectively.

DUOL 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. Year to date metric has recorded a loss of -6.94%.However, over the last six months, we can see a weaker performance of 23.59%. Over the last 30 days, the price of DUOL has leaped by -7.08%. And in the last five days, it has fallen by -2.45%.