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 loss of -18.52%.However, over the last six months, we can see a stronger performance of -9.46%. Over the last 30 days, the price of DBX has leaped by -1.03%. And in the last five days, it has surged by 5.35%.
The stock market performance of Dropbox Inc has been very steady. Over the last year, the company’s stock hit its highest at $33.43 on 02/09/24, while the lowest price during the same time frame was $19.55, recorded on 05/04/23.
52-week price history of DBX Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Dropbox Inc’s current trading price is -28.15% away from its 52-week high, while its distance from the 52-week low is 22.90%. The stock’s price range for this period has been between $19.55 and $33.43. The Technology sector company’s shares saw a trading volume of about 2.43 million for the day, which was lower than the average daily volume of 4.15 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Dropbox Inc (DBX) has experienced a quarterly decline of -25.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.26B and boasts a workforce of 2693 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 27.39, with a change in price of -4.06. Similarly, Dropbox Inc recorded 3,709,897 in trading volume during the last 100 days, posting a change of -14.46%.
DBX Stock Stochastic Average
As of today, the raw stochastic average of Dropbox Inc over the past 50 days is 13.01%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 69.35%. Additionally, the Stochastic %K and %D values for the company were 47.81% and 32.21%, respectively, over the past 20 days.
