The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded an increase of 6.02%. However, over the last six months, the performance has been weaker by 34.50%. The price of CRM decreased -7.74% over the last 30 days. And in the last five days, it has surged by 3.83%.
Salesforce Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $318.71 on 03/01/24, while the lowest price for the same duration was marked at $193.68 on 10/26/23.
52-week price history of CRM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Salesforce Inc’s current trading price is -12.47% away from its 52-week high, while its distance from the 52-week low is 44.04%. The stock’s price range during this period has varied between$193.68 and $318.71. The Salesforce Inc’s shares, which operate in the Technology, saw a trading volume of around 3.03 million for the day, a figure considerably lower than their average daily volume of 5.66 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Salesforce Inc (CRM) has experienced a quarterly decline of -3.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 270.68B and boasts a workforce of 72682 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 284.41, with a change in price of +21.65. Similarly, Salesforce Inc recorded 5,482,623 in trading volume during the last 100 days, posting a change of +8.41%.
CRM’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 CRM stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.20.
CRM Stock Stochastic Average
Salesforce Inc’s raw stochastic average for the past 50 days is presently 23.81%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 35.96%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 30.00% and 24.22%, respectively.
