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 loss of -2.23%.However, over the last six months, we can see a weaker performance of 15.03%. Over the last 30 days, the price of HD has leaped by -6.25%. And in the last five days, it has surged by 2.07%.
Home Depot, Inc.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $396.87 on 03/21/24 and a low of $274.26 for the same time frame on 10/27/23.
52-week price history of HD Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Home Depot, Inc.’s current trading price is -14.63% away from its 52-week high, while its distance from the 52-week low is 23.54%. The stock’s price range during this period has varied between$274.26 and $396.87. The Home Depot, Inc.’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 2.73 million for the day, a figure considerably lower than their average daily volume of 3.47 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Home Depot, Inc. (HD) has experienced a quarterly decline of -6.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 335.79B and boasts a workforce of 463100 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 357.55, with a change in price of -4.57. Similarly, Home Depot, Inc. recorded 3,510,093 in trading volume during the last 100 days, posting a change of -1.33%.
HD’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 HD stands at 50.04. Similarly, the long-term debt-to-equity ratio is also 47.73.
HD Stock Stochastic Average
As of today, Home Depot, Inc.’s raw stochastic average for the last 50 days stands at 17.05%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 47.70%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 46.53% and 42.27%, respectively.
