The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Salesforce Inc’s current trading price is -13.57% away from its 52-week high, while its distance from the 52-week low is 44.55%. The stock’s price range for this period has been between $190.57 and $318.71 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 3.81 million for the day, a number notably lower than the average daily volume of 5.75 million over the last three months.
Salesforce Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $318.71 on 03/01/24 and a low of $190.57 for the same time frame on 04/26/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Salesforce Inc (CRM) has experienced a quarterly decline of -1.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 267.20B and boasts a workforce of 72682 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 281.34, with a change in price of +49.72. Similarly, Salesforce Inc recorded 6,030,231 in trading volume during the last 100 days, posting a change of +22.12%.
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 CRM stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.20.
CRM Stock Stochastic Average
Salesforce Inc’s raw stochastic average for the past 50 days is presently 11.56%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 13.58%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 7.53% and 8.26%, respectively.
CRM 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. This year’s metric has recorded a Price increase of 4.69%. However, over the past six months, we’ve seen a weaker performance of 32.23%. The price of CRM leaped by -10.68% over the last 30 days. And in the last five days, it has surged by 0.94%.
