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. Wolverine World Wide, Inc.’s current trading price is -28.63% away from its 52-week high, while its distance from the 52-week low is 76.70%. The stock’s price range over this period has fluctuated between $7.21 and $17.85. The company, operating within the financial sector, had a trading volume of approximately 2.21 million for the day, which was noticeably higher than the average daily share volume of 0.86 million over the last 3 months.
In terms of market performance, Wolverine World Wide, Inc. had a fairly uneven. The highest value for the stock in the past year was $17.85 on 05/10/23, and the lowest value was recorded at $7.21 on 10/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wolverine World Wide, Inc. (WWW) has experienced a quarterly rise of 57.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.02B and boasts a workforce of 4100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.54, with a change in price of +3.36. Similarly, Wolverine World Wide, Inc. recorded 928,803 in trading volume during the last 100 days, posting a change of +35.82%.
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 WWW stands at 3.92. Similarly, the long-term debt-to-equity ratio is also 2.72.
WWW Stock Stochastic Average
Today’s raw stochastic average for Wolverine World Wide, Inc. over the last 50 days is 88.88%.This indicates a increase from the raw stochastic average of the past 20 days, which was 88.88%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 90.33% and 87.75%, respectively.
WWW Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 43.31%. However, over the past six months, we’ve seen a weaker performance of 51.13%. The price of WWW fallen by 30.27% over the last 30 days. And in the last five days, it has surged by 21.91%.
