Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -17.86%. However, over the last six months, the performance has been weaker by 2.30%. The price of NWL decreased -6.92% over the last 30 days. And in the last five days, it has surged by 2.59%.
Newell Brands Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $12.32 on 04/24/23, while the lowest price for the same period was registered at $6.49 on 11/01/23.
52-week price history of NWL Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Newell Brands Inc’s current trading price is -42.15% away from its 52-week high, while its distance from the 52-week low is 9.78%. The stock’s price range during this period has varied between$6.49 and $12.32. The Newell Brands Inc’s shares, which operate in the Consumer Defensive, saw a trading volume of around 4.0 million for the day, a figure considerably lower than their average daily volume of 5.39 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Newell Brands Inc (NWL) has experienced a quarterly decline of -14.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.96B and boasts a workforce of 24600 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 7.94, with a change in price of -0.46. Similarly, Newell Brands Inc recorded 4,922,804 in trading volume during the last 100 days, posting a change of -6.06%.
NWL’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 NWL stands at 1.76. Similarly, the long-term debt-to-equity ratio is also 1.61.
NWL Stock Stochastic Average
As of today, Newell Brands Inc’s raw stochastic average for the last 50 days stands at 26.32%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 28.24%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 17.05% and 11.72%, respectively.
