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. Cloudflare Inc’s current trading price is -35.86% away from its 52-week high, while its distance from the 52-week low is 86.47%. The stock’s price range over this period has fluctuated between $39.90 and $116.00. The company, operating within the financial sector, had a trading volume of approximately 18.59 million for the day, which was noticeably higher than the average daily share volume of 4.06 million over the last 3 months.
The market performance of Cloudflare Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $116.00 on 02/09/24, while the lowest value for the same duration was $39.90 on 05/04/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cloudflare Inc (NET) has experienced a quarterly decline of -9.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.08B and boasts a workforce of 3682 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 89.46, with a change in price of -3.12. Similarly, Cloudflare Inc recorded 3,766,412 in trading volume during the last 100 days, posting a change of -4.02%.
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 NET stands at 1.80. Similarly, the long-term debt-to-equity ratio is also 1.75.
NET Stock Stochastic Average
Today, Cloudflare Inc’s raw stochastic average for the past 50 days stands at 5.49%, indicating a decline from the raw stochastic average of the last 20 days, which was 6.97%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 28.34% and 34.30% respectively.
NET 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 -10.64%. However, over the past six months, we’ve seen a weaker performance of 35.40%. The price of NET leaped by -20.21% over the last 30 days. And in the last five days, it has fallen by -15.46%.
