A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Check Point Software Technologies Ltd.’s current trading price is -9.40% away from its 52-week high, while its distance from the 52-week low is 30.53%. The stock’s price range for this time frame has been between $117.18 and $168.82. The trading volume of the company’s shares in the Technology reached around 1.55 million for the day, which was evidently higher than the average daily volume of 0.72 million over the last three months.
Check Point Software Technologies Ltd.’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $168.82 on 03/14/24, and the lowest price during that time was $117.18, recorded on 05/02/23.
How Financial Performance Impacts Market Capitalization
Check Point Software Technologies Ltd. (CHKP) has experienced a quarterly decline of -3.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.27B and boasts a workforce of 6450 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 158.09, with a change in price of +6.95. Similarly, Check Point Software Technologies Ltd. recorded 712,961 in trading volume during the last 100 days, posting a change of +4.76%.
How CHKP’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CHKP stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
CHKP Stock Stochastic Average
Check Point Software Technologies Ltd.’s raw stochastic average for the past 50 days is currently at 27.13%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 3.27%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 30.26% and 31.44%, respectively.
CHKP Stock Price Performance Analysis
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. Year to date metric has recorded a gain of 0.10%.However, over the last six months, we can see a weaker performance of 12.23%. Over the last 30 days, the price of CHKP has leaped by -6.82%. And in the last five days, it has fallen by -3.43%.
