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. Red Rock Resorts Inc’s current trading price is -20.64% away from its 52-week high, while its distance from the 52-week low is 35.12%. The stock’s price range over this period has fluctuated between $37.17 and $63.28. The company, operating within the financial sector, had a trading volume of approximately 2.05 million for the day, which was noticeably higher than the average daily share volume of 0.45 million over the last 3 months.
Red Rock Resorts Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $63.28 on 04/04/24, while the lowest price for the same period was registered at $37.17 on 11/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Red Rock Resorts Inc (RRR) has experienced a quarterly decline of -7.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.99B and boasts a workforce of 9385 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 55.83, with a change in price of +2.43. Similarly, Red Rock Resorts Inc recorded 439,530 in trading volume during the last 100 days, posting a change of +5.08%.
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 RRR stands at 20.73. Similarly, the long-term debt-to-equity ratio is also 20.73.
RRR Stock Stochastic Average
Today’s raw stochastic average for Red Rock Resorts Inc over the last 50 days is 13.56%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 15.14%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 18.15% and 18.12%, respectively.
RRR Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -4.18%.However, over the last six months, we can see a weaker performance of 22.02%. Over the last 30 days, the price of RRR has leaped by -18.83%. And in the last five days, it has fallen by -6.04%.
