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. Meta Platforms Inc’s current trading price is -11.30% away from its 52-week high, while its distance from the 52-week low is 104.34%. The stock’s price range during this period has varied between $230.72 and $531.49. The company, active in the Communication Services sector, saw a trading volume of around 4.13 million for the day, considerably lower average daily volume of 16.89 million observed over the last three months.
Meta Platforms Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $531.49 on 04/08/24, while the lowest price during the same period was $230.72 on 05/12/23.
How Financial Performance Impacts Market Capitalization
Meta Platforms Inc (META) has experienced a quarterly rise of 0.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1195.85B and boasts a workforce of 67317 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 448.94, with a change in price of +136.63. Similarly, Meta Platforms Inc recorded 17,651,410 in trading volume during the last 100 days, posting a change of +40.79%.
How META’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 META stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.24.
META Stock Stochastic Average
As of today, the raw stochastic average of Meta Platforms Inc over the last 50 days is at 48.77%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 54.84%. Further, the company’s Stochastic %K and %D values for the last 20 days were 55.20% and 52.64%, respectively.
META 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. This year’s metric has recorded a Price increase of 33.19%. However, over the past six months, we’ve seen a weaker performance of 47.43%. The price of META leaped by -9.88% over the last 30 days. And in the last five days, it has surged by 4.31%.
