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The Significance of Moving Averages in ODP Corporation Inc. (ODP) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -23.24% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -9.87%. Over the past 30 days, the price of ODP has leaped by -15.76%. And in the last five days, it has fallen by -15.01%.

ODP Corporation ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $58.98 on 12/27/23, while the lowest value for the same period was recorded at $39.36 on 06/01/23.

52-week price history of ODP Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. ODP Corporation’s current trading price is -26.73% away from its 52-week high, while its distance from the 52-week low is 9.79%. The stock’s price range during this period has varied between$39.36 and $58.98. The ODP Corporation’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.12 million for the day, a figure considerably higher than their average daily volume of 0.35 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

ODP Corporation (ODP) has experienced a quarterly decline of -17.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.58B and boasts a workforce of 20000 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 52.16, with a change in price of -4.81. Similarly, ODP Corporation recorded 318,694 in trading volume during the last 100 days, posting a change of -10.01%.

ODP’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 ODP stands at 0.86. Similarly, the long-term debt-to-equity ratio is also 0.85.

ODP Stock Stochastic Average

ODP Corporation’s raw stochastic average for the past 50 days is presently 3.62%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 5.58%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 56.94% and 68.77%, respectively.

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