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. Alphabet Inc’s current trading price is -3.78% away from its 52-week high, while its distance from the 52-week low is 61.68%. The stock’s price range over this period has fluctuated between $103.97 and $174.71. The company, operating within the financial sector, had a trading volume of approximately 21.37 million for the day, which was noticeably lower than the average daily share volume of 31.26 million over the last 3 months.
In terms of market performance, Alphabet Inc had a fairly even. The highest value for the stock in the past year was $174.71 on 04/26/24, and the lowest value was recorded at $103.97 on 05/08/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alphabet Inc (GOOGL) has experienced a quarterly rise of 17.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2079.23B and boasts a workforce of 182502 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 146.34, with a change in price of +34.81. Similarly, Alphabet Inc recorded 30,570,496 in trading volume during the last 100 days, posting a change of +26.12%.
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 GOOGL stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.09.
GOOGL Stock Stochastic Average
Today, Alphabet Inc’s raw stochastic average for the past 50 days stands at 84.99%, indicating a rise from the raw stochastic average of the last 20 days, which was 72.27%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 69.57% and 64.34% respectively.
GOOGL Stock Price Performance Analysis
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. Until today this year the stock’s price performance recorded an increase of 20.34%. However, over the last six months, the performance has been weaker by 31.85%. The price of GOOGL increased 10.23% over the last 30 days. And in the last five days, it has surged by 1.17%.
