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 gain of 3.62% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 13.77%. Over the past 30 days, the price of MODG has leaped by -8.45%. And in the last five days, it has fallen by -7.94%.
Topgolf Callaway Brands Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $21.86 on 07/12/23, while the lowest value for the same period was recorded at $9.84 on 11/13/23.
52-week price history of MODG Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Topgolf Callaway Brands Corp’s current trading price is -32.03% away from its 52-week high, while its distance from the 52-week low is 51.00%. The stock’s price range during this period has varied between$9.84 and $21.86. The Topgolf Callaway Brands Corp’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.72 million for the day, a figure considerably lower than their average daily volume of 2.38 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Topgolf Callaway Brands Corp (MODG) has experienced a quarterly rise of 10.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.73B and boasts a workforce of 32000 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 14.76, with a change in price of +0.88. Similarly, Topgolf Callaway Brands Corp recorded 2,729,704 in trading volume during the last 100 days, posting a change of +6.14%.
MODG’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 MODG stands at 1.06. Similarly, the long-term debt-to-equity ratio is also 1.02.
MODG Stock Stochastic Average
Topgolf Callaway Brands Corp’s raw stochastic average for the past 50 days is presently 51.71%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 20.42%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 59.03% and 71.04%, respectively.
