The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Fortive Corp’s current trading price is -12.75% away from its 52-week high, while its distance from the 52-week low is 21.20%. The stock’s price range for this period has been between $62.70 and $87.10 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.26 million for the day, a number notably higher than the average daily volume of 1.66 million over the last three months.
In terms of market performance, Fortive Corp had a fairly even. The highest value for the stock in the past year was $87.10 on 03/22/24, and the lowest value was recorded at $62.70 on 04/26/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fortive Corp (FTV) has experienced a quarterly rise of 3.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.70B and boasts a workforce of 18000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 78.90, with a change in price of +8.46. Similarly, Fortive Corp recorded 1,689,442 in trading volume during the last 100 days, posting a change of +12.49%.
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 FTV stands at 0.37. Similarly, the long-term debt-to-equity ratio is also 0.37.
FTV Stock Stochastic Average
As of today, Fortive Corp’s raw stochastic average for the last 50 days stands at 24.72%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 26.34%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 20.57% and 13.75%, respectively.
FTV Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 3.21% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 8.55%. Over the past 30 days, the price of FTV has leaped by -9.99%. And in the last five days, it has fallen by -5.25%.
