Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Geo Group, Inc.’s current trading price is -16.00% away from its 52-week high, while its distance from the 52-week low is 97.41%. The stock’s price range during this period has varied between $6.94 and $16.31. The company, active in the Industrials sector, saw a trading volume of around 2.16 million for the day, considerably lower average daily volume of 2.73 million observed over the last three months.
Geo Group, Inc.’s stock has had a calm market performance. The 1-year high for the company’s stock was $16.31 on 04/09/24, and the lowest price during the same period was recorded at $6.94 on 08/25/23.
How Financial Performance Impacts Market Capitalization
Geo Group, Inc. (GEO) has experienced a quarterly rise of 21.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.75B and boasts a workforce of 16400 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.58, with a change in price of +3.64. Similarly, Geo Group, Inc. recorded 2,678,007 in trading volume during the last 100 days, posting a change of +35.79%.
How GEO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GEO stands at 1.46. Similarly, the long-term debt-to-equity ratio is also 1.40.
GEO Stock Stochastic Average
As of today, the raw stochastic average of Geo Group, Inc. over the past 50 days is 48.02%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 20.29%. Additionally, the Stochastic %K and %D values for the company were 14.00% and 20.93%, respectively, over the past 20 days.
GEO Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 26.50%.However, over the last six months, we can see a weaker performance of 51.55%. Over the last 30 days, the price of GEO has leaped by -14.00%. And in the last five days, it has fallen by -7.81%.
