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A Closer Look at RTX Corp (RTX) Stock Gains

RTX Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $103.89 on 04/23/24 and the lowest value was $68.56 on 10/06/23.

52-week price history of RTX 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. RTX Corp’s current trading price is -2.40% away from its 52-week high, while its distance from the 52-week low is 47.91%. The stock’s price range during the 52-week period has remained between $68.56 and $103.89. In the Industrials sector, the company’s shares saw a trading volume of around 11.85 million for the day, which was evidently higher than the average daily volume of 7.87 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

RTX Corp (RTX) has experienced a quarterly rise of 10.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 134.81B and boasts a workforce of 185000 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 91.81, with a change in price of +20.08. Similarly, RTX Corp recorded 8,145,434 in trading volume during the last 100 days, posting a change of +24.69%.

Examining RTX’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 RTX stands at 0.73. Similarly, the long-term debt-to-equity ratio is also 0.72.

RTX Stock Stochastic Average

As of today, RTX Corp’s raw stochastic average for the last 50 days stands at 83.33%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 43.67%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 51.35% and 58.85%, respectively.

RTX Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 20.51% this year. Over the last six months, there has been a weaker performance of 23.43%. The price of RTX fallen by 2.10% during the last 30 days period. For the last 5-days stocks have slided -0.01%.

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