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Cloudflare Inc (NET) Stock: Navigating Market Highs and Lows in 52 Weeks

HCCC Stock

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. Cloudflare Inc’s current trading price is -35.93% away from its 52-week high, while its distance from the 52-week low is 51.37%. The stock’s price range during this period has varied between $49.10 and $116.00. The company, active in the Technology sector, saw a trading volume of around 0.95 million for the day, considerably lower average daily volume of 3.38 million observed over the last three months.

Cloudflare Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $116.00 on 02/09/24, and the lowest price during the same period was recorded at $49.10 on 05/16/23.

How Financial Performance Impacts Market Capitalization

Cloudflare Inc (NET) has experienced a quarterly decline of -28.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.25B and boasts a workforce of 3682 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 88.75, with a change in price of -8.55. Similarly, Cloudflare Inc recorded 3,731,962 in trading volume during the last 100 days, posting a change of -10.33%.

How NET’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 NET stands at 1.80. Similarly, the long-term debt-to-equity ratio is also 1.75.

NET Stock Stochastic Average

As of today, the raw stochastic average of Cloudflare Inc over the past 50 days is 7.77%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 12.64%. Additionally, the Stochastic %K and %D values for the company were 9.90% and 6.96%, respectively, over the past 20 days.

NET 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 -10.74%.However, over the last six months, we can see a weaker performance of 16.33%. Over the last 30 days, the price of NET has leaped by -18.36%. And in the last five days, it has surged by 2.58%.

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