In terms of market performance, Eaton Corporation plc had a somewhat regular. The highest value for the stock in the past year was $331.47 on 04/05/24, while the lowest value was $161.12 on 04/26/23.
52-week price history of ETN Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Eaton Corporation plc’s current trading price is -4.72% away from its 52-week high, while its distance from the 52-week low is 96.01%. The stock’s price range during this period has fluctuated between $161.12 and $331.47. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 1.21 million for the day, which was evidently lower than the average daily volume of 2.05 million over the last three months.
Financial Performance and Market Capitalization
Eaton Corporation plc (ETN) has experienced a quarterly rise of 30.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 126.29B and boasts a workforce of 94000 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 272.87, with a change in price of +91.14. Similarly, Eaton Corporation plc recorded 1,825,170 in trading volume during the last 100 days, posting a change of +40.36%.
ETN Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ETN stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.46.
ETN Stock Stochastic Average
The raw stochastic average for Eaton Corporation plc over the last 50 days is presently at 77.81%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 50.26%. Further, the company’s Stochastic %K and %D values for the last 20 days were 35.48% and 22.21%, respectively.
ETN 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. Year to date metric has recorded a gain of 31.14%.However, over the last six months, we can see a weaker performance of 61.57%. Over the last 30 days, the price of ETN has fallen by 1.26%. And in the last five days, it has surged by 1.82%.
