Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Weatherford International plc’s current trading price is -1.91% away from its 52-week high, while its distance from the 52-week low is 123.97%. The stock’s price range over this period has fluctuated between $55.81 and $127.45. The company, operating within the financial sector, had a trading volume of approximately 1.48 million for the day, which was noticeably higher than the average daily share volume of 0.84 million over the last 3 months.
In terms of market performance, Weatherford International plc had a fairly even. The highest value for the stock in the past year was $127.45 on 04/03/24, and the lowest value was recorded at $55.81 on 06/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Weatherford International plc (WFRD) has experienced a quarterly rise of 28.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.04B and boasts a workforce of 18500 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 102.64, with a change in price of +34.72. Similarly, Weatherford International plc recorded 818,004 in trading volume during the last 100 days, posting a change of +38.45%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for WFRD stands at 1.57. Similarly, the long-term debt-to-equity ratio is also 1.48.
WFRD Stock Stochastic Average
Today, Weatherford International plc’s raw stochastic average for the past 50 days stands at 92.52%, indicating a rise from the raw stochastic average of the last 20 days, which was 86.62%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 55.84% and 35.95% respectively.
WFRD Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 27.78%. However, over the last six months, the performance has been weaker by 34.67%. The price of WFRD increased 4.90% over the last 30 days. And in the last five days, it has surged by 13.22%.
