Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Flex Ltd’s current trading price is -9.21% away from its 52-week high, while its distance from the 52-week low is 98.58%. The stock’s price range over this period has fluctuated between $14.14 and $30.93. The company, operating within the financial sector, had a trading volume of approximately 2.51 million for the day, which was noticeably lower than the average daily share volume of 4.85 million over the last 3 months.
Flex Ltd experienced a rather steady stock market performance. The highest value in the past year was recorded at $30.93 on 03/08/24 and the lowest value was $14.14 on 04/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Flex Ltd (FLEX) has experienced a quarterly rise of 26.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.83B and boasts a workforce of 172108 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 26.95, with a change in price of +1.90. Similarly, Flex Ltd recorded 4,790,194 in trading volume during the last 100 days, posting a change of +7.26%.
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 FLEX stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.66.
FLEX Stock Stochastic Average
Today’s raw stochastic average for Flex Ltd over the last 50 days is 58.58%.This indicates a increase from the raw stochastic average of the past 20 days, which was 41.55%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 42.83% and 48.87%, respectively.
FLEX Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 26.73% this year. Over the last six months, there has been a weaker performance of 46.50%. The price of FLEX fallen by 2.52% during the last 30 days period. For the last 5-days stocks have slided -1.30%.
