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 13.60% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 35.58%. Over the past 30 days, the price of STLD has leaped by -6.84%. And in the last five days, it has fallen by -4.01%.
Steel Dynamics Inc. ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $151.34 on 04/01/24, while the lowest value for the same period was recorded at $90.55 on 05/31/23.
52-week price history of STLD Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Steel Dynamics Inc.’s current trading price is -11.35% away from its 52-week high, while its distance from the 52-week low is 48.16%. The stock’s price range during this period has varied between$90.55 and $151.34. The Steel Dynamics Inc.’s shares, which operate in the Basic Materials, saw a trading volume of around 2.12 million for the day, a figure considerably higher than their average daily volume of 1.16 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Steel Dynamics Inc. (STLD) has experienced a quarterly rise of 15.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.22B and boasts a workforce of 12600 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 127.02, with a change in price of +19.93. Similarly, Steel Dynamics Inc. recorded 1,247,714 in trading volume during the last 100 days, posting a change of +17.45%.
STLD’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 STLD stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.31.
STLD Stock Stochastic Average
Steel Dynamics Inc.’s raw stochastic average for the past 50 days is presently 49.34%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 16.50%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.13% and 10.35%, respectively.
