NVIDIA Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $974.00 on 03/08/24, while the lowest value for the same period was recorded at $262.25 on 04/25/23.
52-week price history of NVDA Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. NVIDIA Corp’s current trading price is -17.04% away from its 52-week high, while its distance from the 52-week low is 208.11%. The stock’s price range during this period has spanned from $262.25 to $974.00. In the Technology sector, the NVIDIA Corp’s shares surpassed a trading volume of approximately 31.16 million for the day, which was noticeably lower compared to the average daily volume of 9.52.52 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
NVIDIA Corp (NVDA) has experienced a quarterly rise of 35.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2020.03B and boasts a workforce of 29600 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 687.84, with a change in price of +338.39. Similarly, NVIDIA Corp recorded 48,240,367 in trading volume during the last 100 days, posting a change of +70.83%.
Examining NVDA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NVDA stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.22.
NVDA Stock Stochastic Average
Today’s raw stochastic average for NVIDIA Corp over the last 50 days is 49.33%.This indicates a increase from the raw stochastic average of the past 20 days, which was 2.16%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 8.44% and 15.72%, respectively.
NVDA 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. Year to date metric has recorded a gain of 63.16%.However, over the last six months, we can see a weaker performance of 91.49%. Over the last 30 days, the price of NVDA has leaped by -10.59%. And in the last five days, it has fallen by -8.37%.
