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A Tale of Resilience: Assetmark Financial Holdings Inc Amid Stock Market Turbulence

Assetmark Financial Holdings Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $37.54 on 04/09/24, and the lowest price during that time was $22.92, recorded on 10/27/23.

52-week price history of AMK Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Assetmark Financial Holdings Inc’s current trading price is -9.50% away from its 52-week high, while its distance from the 52-week low is 48.23%. The stock’s price range during this period has fluctuated between $22.92 and $37.54. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 1.45 million for the day, which was evidently higher than the average daily volume of 0.22 million over the last three months.

Financial Performance and Market Capitalization

Assetmark Financial Holdings Inc (AMK) has experienced a quarterly rise of 10.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.53B and boasts a workforce of 990 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 32.20, with a change in price of +8.35. Similarly, Assetmark Financial Holdings Inc recorded 194,255 in trading volume during the last 100 days, posting a change of +32.57%.

AMK 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 AMK stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.09.

AMK Stock Stochastic Average

The raw stochastic average for Assetmark Financial Holdings Inc over the last 50 days is presently at 46.46%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 1.80%. Further, the company’s Stochastic %K and %D values for the last 20 days were 19.90% and 28.23%, respectively.

AMK Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 13.44%. However, over the past six months, we’ve seen a weaker performance of 43.72%. The price of AMK leaped by -3.40% over the last 30 days. And in the last five days, it has fallen by -1.52%.

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