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Allstate Corp’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

Allstate Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $176.93 on 05/02/24, while the lowest value for the same period was recorded at $100.57 on 07/17/23.

52-week price history of ALL Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Allstate Corp’s current trading price is -3.61% away from its 52-week high, while its distance from the 52-week low is 69.58%. The stock’s price range during this period has spanned from $100.57 to $176.93. In the Financial sector, the Allstate Corp’s shares surpassed a trading volume of approximately 0.95 million for the day, which was noticeably lower compared to the average daily volume of 9.1.7 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Allstate Corp (ALL) has experienced a quarterly rise of 9.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 44.98B and boasts a workforce of 53400 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 158.09, with a change in price of +33.46. Similarly, Allstate Corp recorded 1,638,073 in trading volume during the last 100 days, posting a change of +24.07%.

Examining ALL’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ALL stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.44.

ALL Stock Stochastic Average

Today’s raw stochastic average for Allstate Corp over the last 50 days is 80.46%.This indicates a increase from the raw stochastic average of the past 20 days, which was 71.64%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 64.83% and 59.80%, respectively.

ALL Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 21.84%.However, over the last six months, we can see a weaker performance of 33.11%. Over the last 30 days, the price of ALL has leaped by -1.66%. And in the last five days, it has fallen by -1.04%.

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