Astec Industries Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $56.33 on 09/01/23, while the lowest value for the same period was recorded at $28.97 on 11/02/23.
52-week price history of ASTE Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Astec Industries Inc.’s current trading price is -40.05% away from its 52-week high, while its distance from the 52-week low is 16.57%. The stock’s price range during the 52-week period has remained between $28.97 and $56.33. In the Industrials sector, the company’s shares saw a trading volume of around 0.63 million for the day, which was evidently higher than the average daily volume of 0.13 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Astec Industries Inc. (ASTE) has experienced a quarterly decline of -5.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 767.93M and boasts a workforce of 4322 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 38.31, with a change in price of +2.03. Similarly, Astec Industries Inc. recorded 145,223 in trading volume during the last 100 days, posting a change of +6.40%.
Examining ASTE’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 ASTE stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.12.
ASTE Stock Stochastic Average
As of today, Astec Industries Inc.’s raw stochastic average for the last 50 days stands at 12.17%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 12.17%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 26.28% and 34.84%, respectively.
ASTE 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. This year’s metric has recorded a Price decrease of -9.22%. However, over the past six months, we’ve seen a stronger performance of -16.00%. The price of ASTE leaped by -20.89% over the last 30 days. And in the last five days, it has fallen by -23.18%.
