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. The metric has seen a significant loss of -1.02% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 59.09%. Over the past 30 days, the price of PTVE has leaped by -9.23%. And in the last five days, it has fallen by -12.62%.
Pactiv Evergreen Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $15.84 on 04/29/24 and the lowest value was $6.85 on 05/04/23.
52-week price history of PTVE Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Pactiv Evergreen Inc’s current trading price is -14.33% away from its 52-week high, while its distance from the 52-week low is 98.10%. The stock’s price range during this period has varied between$6.85 and $15.84. The Pactiv Evergreen Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.74 million for the day, a figure considerably higher than their average daily volume of 0.36 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Pactiv Evergreen Inc (PTVE) has experienced a quarterly decline of -5.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.43B and boasts a workforce of 15000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.17, with a change in price of +1.19. Similarly, Pactiv Evergreen Inc recorded 421,857 in trading volume during the last 100 days, posting a change of +9.61%.
PTVE’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PTVE stands at 2.90. Similarly, the long-term debt-to-equity ratio is also 2.83.
PTVE Stock Stochastic Average
As of today, Pactiv Evergreen Inc’s raw stochastic average for the last 50 days stands at 50.65%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 30.79%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 58.66% and 66.20%, respectively.
