The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Northrop Grumman Corp.’s current trading price is -1.78% away from its 52-week high, while its distance from the 52-week low is 17.73%. The stock’s price range for this period has been between $414.56 and $496.89 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 1.34 million for the day, a number notably higher than the average daily volume of 1.05 million over the last three months.
Northrop Grumman Corp. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $496.89 on 10/17/23, while the lowest price for the same period was registered at $414.56 on 10/06/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Northrop Grumman Corp. (NOC) has experienced a quarterly rise of 12.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 72.30B and boasts a workforce of 101000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 462.69, with a change in price of +12.90. Similarly, Northrop Grumman Corp. recorded 929,194 in trading volume during the last 100 days, posting a change of +2.71%.
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 NOC stands at 1.08. Similarly, the long-term debt-to-equity ratio is also 1.06.
NOC Stock Stochastic Average
Northrop Grumman Corp.’s raw stochastic average for the past 50 days is presently 94.66%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 94.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 86.26% and 77.39%, respectively.
NOC 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 4.26% this year. Over the last six months, there has been a weaker performance of 2.01%. The price of NOC fallen by 3.86% during the last 30 days period. For the last 5-days stocks have improved 7.86%.
