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. The metric has seen a significant loss of -4.86% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -17.44%. Over the past 30 days, the price of SLB has leaped by -9.06%. And in the last five days, it has fallen by -4.18%.
Schlumberger Ltd. experienced a rather shaky stock market performance. The highest value in the past year was recorded at $62.12 on 09/12/23 and the lowest value was $42.73 on 05/31/23.
52-week price history of SLB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Schlumberger Ltd.’s current trading price is -20.30% away from its 52-week high, while its distance from the 52-week low is 15.87%. The stock’s price range during this period has varied between$42.73 and $62.12. The Schlumberger Ltd.’s shares, which operate in the Energy, saw a trading volume of around 10.76 million for the day, a figure considerably lower than their average daily volume of 10.86 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Schlumberger Ltd. (SLB) has experienced a quarterly decline of -2.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 70.46B and boasts a workforce of 111000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 51.06, with a change in price of -3.04. Similarly, Schlumberger Ltd. recorded 10,880,518 in trading volume during the last 100 days, posting a change of -5.78%.
SLB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SLB stands at 0.56. Similarly, the long-term debt-to-equity ratio is also 0.49.
SLB Stock Stochastic Average
As of today, Schlumberger Ltd.’s raw stochastic average for the last 50 days stands at 29.61%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 11.59%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 9.68% and 7.85%, respectively.
