A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 2.94% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 21.99%. Over the past 30 days, the price of LUV has fallen by 3.66%. And in the last five days, it has surged by 6.79%.
Southwest Airlines Co ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $39.53 on 07/12/23, while the lowest value for the same period was recorded at $21.91 on 11/01/23.
52-week price history of LUV Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Southwest Airlines Co’s current trading price is -24.79% away from its 52-week high, while its distance from the 52-week low is 35.67%. The stock’s price range during this period has varied between$21.91 and $39.53. The Southwest Airlines Co’s shares, which operate in the Industrials, saw a trading volume of around 6.52 million for the day, a figure considerably lower than their average daily volume of 8.32 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Southwest Airlines Co (LUV) has experienced a quarterly decline of -1.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.74B and boasts a workforce of 74806 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 29.99, with a change in price of +5.29. Similarly, Southwest Airlines Co recorded 8,532,423 in trading volume during the last 100 days, posting a change of +21.64%.
LUV’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 LUV stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.85.
LUV Stock Stochastic Average
Southwest Airlines Co’s raw stochastic average for the past 50 days is presently 29.86%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 90.63%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 85.58% and 73.60%, respectively.
