Warner Bros. Discovery Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $14.76 on 08/09/23, while the lowest value for the same period was recorded at $7.34 on 05/01/24.
52-week price history of WBD Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Warner Bros. Discovery Inc’s current trading price is -44.38% away from its 52-week high, while its distance from the 52-week low is 11.85%. The stock’s price range during this period has spanned from $7.34 to $14.76. In the Communication Services sector, the Warner Bros. Discovery Inc’s shares surpassed a trading volume of approximately 16.5 million for the day, which was noticeably lower compared to the average daily volume of 9.31.17 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Warner Bros. Discovery Inc (WBD) has experienced a quarterly decline of -14.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.12B and boasts a workforce of 35300 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.40, with a change in price of -3.97. Similarly, Warner Bros. Discovery Inc recorded 27,234,719 in trading volume during the last 100 days, posting a change of -32.40%.
Examining WBD’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for WBD stands at 0.96. Similarly, the long-term debt-to-equity ratio is also 0.89.
WBD Stock Stochastic Average
Today’s raw stochastic average for Warner Bros. Discovery Inc over the last 50 days is 48.95%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 73.43%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 54.45% and 44.10%, respectively.
WBD Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -27.86%.However, over the last six months, we can see a stronger performance of -12.66%. Over the last 30 days, the price of WBD has leaped by -3.86%. And in the last five days, it has surged by 3.01%.
