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The Significance of Moving Averages in Kraft Heinz Co Inc. (KHC) Price Performance

ALXO Stock

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -3.72%.However, over the last six months, we can see a weaker performance of 6.25%. Over the last 30 days, the price of KHC has leaped by -3.93%. And in the last five days, it has fallen by -7.88%.

Kraft Heinz Co’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $41.44 on 05/08/23, and the lowest price during the same period was recorded at $30.68 on 10/12/23.

52-week price history of KHC Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Kraft Heinz Co’s current trading price is -14.09% away from its 52-week high, while its distance from the 52-week low is 16.05%. The stock’s price range over this timeframe has been between $30.68 and $41.44. The shares of the Consumer Defensive sector company recorded a trading volume of approximately 2.31 million for the day, which was comparatively lower than the average daily volume of 8.1 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Kraft Heinz Co (KHC) has experienced a quarterly decline of -4.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 43.24B and boasts a workforce of 36000 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 36.61, with a change in price of -1.13. Similarly, Kraft Heinz Co recorded 7,977,488 in trading volume during the last 100 days, posting a change of -3.09%.

KHC’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for KHC stands at 0.41. Similarly, the long-term debt-to-equity ratio is also 0.40.

KHC Stock Stochastic Average

Kraft Heinz Co’s raw stochastic average for the past 50 days is currently at 32.00%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 2.79%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 15.28% and 25.73%, respectively.

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