The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Element Solutions Inc’s current trading price is -8.25% away from its 52-week high, while its distance from the 52-week low is 38.64%. The stock’s price range for this period has been between $17.08 and $25.81 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 1.9 million for the day, a number notably higher than the average daily volume of 1.28 million over the last three months.
Element Solutions Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $25.81 on 04/10/24, while the lowest price for the same period was registered at $17.08 on 04/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Element Solutions Inc (ESI) has experienced a quarterly rise of 5.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.73B and boasts a workforce of 5300 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.24, with a change in price of +2.72. Similarly, Element Solutions Inc recorded 1,312,397 in trading volume during the last 100 days, posting a change of +12.98%.
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 ESI stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.86.
ESI Stock Stochastic Average
Element Solutions Inc’s raw stochastic average for the past 50 days is presently 51.48%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 10.50%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 16.67% and 16.54%, respectively.
ESI Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 2.33% this year. Over the last six months, there has been a weaker performance of 29.05%. The price of ESI leaped by -4.01% during the last 30 days period. For the last 5-days stocks have improved 0.21%.
