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. Tesla Inc’s current trading price is -43.77% away from its 52-week high, while its distance from the 52-week low is 21.24%. The stock’s price range over this period has fluctuated between $138.80 and $299.29. The company, operating within the financial sector, had a trading volume of approximately 109.05 million for the day, which was noticeably higher than the average daily share volume of 101.05 million over the last 3 months.
The market performance of Tesla Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $299.29 on 07/19/23, while the lowest value for the same duration was $138.80 on 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Tesla Inc (TSLA) has experienced a quarterly decline of -8.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 536.71B and boasts a workforce of 140473 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 198.94, with a change in price of -70.54. Similarly, Tesla Inc recorded 105,489,859 in trading volume during the last 100 days, posting a change of -29.54%.
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 TSLA stands at 0.15. Similarly, the long-term debt-to-equity ratio is also 0.10.
TSLA Stock Stochastic Average
Today, Tesla Inc’s raw stochastic average for the past 50 days stands at 44.14%, indicating a decline from the raw stochastic average of the last 20 days, which was 72.96%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 68.01% and 46.92% respectively.
TSLA Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -32.27%. However, over the past six months, we’ve seen a stronger performance of -20.77%. The price of TSLA leaped by -6.42% over the last 30 days. And in the last five days, it has surged by 14.44%.
