Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Dynatrace Inc’s current trading price is -24.41% away from its 52-week high, while its distance from the 52-week low is 7.23%. The stock’s price range during this period has varied between $43.29 and $61.41. The company, active in the Technology sector, saw a trading volume of around 2.19 million for the day, considerably lower average daily volume of 3.92 million observed over the last three months.
Dynatrace Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $61.41 on 02/05/24, and the lowest price during the same period was recorded at $43.29 on 10/27/23.
How Financial Performance Impacts Market Capitalization
Dynatrace Inc (DT) has experienced a quarterly decline of -17.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.74B and boasts a workforce of 4180 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 50.65, with a change in price of -8.21. Similarly, Dynatrace Inc recorded 3,366,958 in trading volume during the last 100 days, posting a change of -15.03%.
How DT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DT stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
DT Stock Stochastic Average
As of today, the raw stochastic average of Dynatrace Inc over the past 50 days is 42.02%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 66.58%. Additionally, the Stochastic %K and %D values for the company were 62.05% and 64.04%, respectively, over the past 20 days.
DT Stock Price Performance Analysis
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 -15.12%.However, over the last six months, we can see a stronger performance of -4.82%. Over the last 30 days, the price of DT has leaped by -2.17%. And in the last five days, it has surged by 1.27%.
