The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Flex Ltd’s current trading price is -7.76% away from its 52-week high, while its distance from the 52-week low is 101.76%. The stock’s price range for this period has been between $14.14 and $30.93 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.83 million for the day, a number notably lower than the average daily volume of 4.76 million over the last three months.
Flex Ltd ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $30.93 on 03/08/24, while the lowest value for the same period was recorded at $14.14 on 04/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Flex Ltd (FLEX) has experienced a quarterly rise of 23.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.02B 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 27.00, with a change in price of +2.39. Similarly, Flex Ltd recorded 4,811,919 in trading volume during the last 100 days, posting a change of +9.12%.
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 FLEX stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.66.
FLEX Stock Stochastic Average
As of today, Flex Ltd’s raw stochastic average for the last 50 days stands at 45.58%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 55.69%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 27.62% and 19.38%, respectively.
FLEX Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 28.77%. However, over the last six months, the performance has been weaker by 62.61%. The price of FLEX decreased -0.70% over the last 30 days. And in the last five days, it has surged by 1.17%.
