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The Psychology of Sunoco LP Inc. (SUN) Price Performance: Understanding Market Sentiment

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The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -9.89%. However, over the past six months, we’ve seen a weaker performance of 7.10%. The price of SUN leaped by -12.04% over the last 30 days. And in the last five days, it has fallen by -0.97%.

In terms of market performance, Sunoco LP had a somewhat regular. The highest value for the stock in the past year was $64.89 on 03/06/24, while the lowest value was $41.95 on 05/30/23.

52-week price history of SUN Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Sunoco LP’s current trading price is -16.78% away from its 52-week high, while its distance from the 52-week low is 28.72%. The stock’s price range over this timeframe has been between $41.95 and $64.89. The shares of the Energy sector company recorded a trading volume of approximately 0.74 million for the day, which was comparatively higher than the average daily volume of 0.48 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Sunoco LP (SUN) has experienced a quarterly decline of -11.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.56B and boasts a workforce of 2389 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 58.72, with a change in price of +0.98. Similarly, Sunoco LP recorded 636,876 in trading volume during the last 100 days, posting a change of +1.85%.

SUN’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for SUN stands at 4.21. Similarly, the long-term debt-to-equity ratio is also 4.18.

SUN Stock Stochastic Average

Sunoco LP’s raw stochastic average for the past 50 days is currently at 23.04%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 27.60%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.52% and 5.49%, respectively.