Analog Devices Inc. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $204.20 on 04/09/24, while the lowest price for the same duration was marked at $154.99 on 10/30/23.
52-week price history of ADI Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Analog Devices Inc.’s current trading price is -6.99% away from its 52-week high, while its distance from the 52-week low is 22.54%. The stock’s price range during this period has spanned from $154.99 to $204.20. In the Technology sector, the Analog Devices Inc.’s shares surpassed a trading volume of approximately 4.17 million for the day, which was noticeably higher compared to the average daily volume of 9.3.42 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Analog Devices Inc. (ADI) has experienced a quarterly decline of -5.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 94.19B and boasts a workforce of 26000 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 192.23, with a change in price of +6.73. Similarly, Analog Devices Inc. recorded 3,295,976 in trading volume during the last 100 days, posting a change of +3.67%.
Examining ADI’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 ADI stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.17.
ADI Stock Stochastic Average
Today, Analog Devices Inc.’s raw stochastic average for the past 50 days stands at 34.03%, indicating a rise from the raw stochastic average of the last 20 days, which was 34.03%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 18.32% and 10.56% respectively.
ADI Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -4.35% this year. Over the last six months, there has been a weaker performance of 14.06%. The price of ADI leaped by -1.85% during the last 30 days period. For the last 5-days stocks have slided -0.68%.
