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Analyzing the Impact of Earnings Reports on Best Buy Co. Inc. Inc. (BBY) Price Performance

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 9.62% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 20.96%. Over the past 30 days, the price of BBY has fallen by 18.46%. And in the last five days, it has surged by 20.02%.

In terms of market performance, Best Buy Co. Inc. had a somewhat regular. The highest value for the stock in the past year was $86.11 on 06/03/24, while the lowest value was $62.30 on 11/10/23.

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52-week price history of BBY Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Best Buy Co. Inc.’s current trading price is -0.35% away from its 52-week high, while its distance from the 52-week low is 37.74%. The stock’s price range for this period has been between $62.30 and $86.11. The Consumer Cyclical sector company’s shares saw a trading volume of about 4.14 million for the day, which was higher than the average daily volume of 3.21 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Best Buy Co. Inc. (BBY) has experienced a quarterly rise of 10.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.57B and boasts a workforce of 85000 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 76.03, with a change in price of +11.05. Similarly, Best Buy Co. Inc. recorded 3,083,518 in trading volume during the last 100 days, posting a change of +14.70%.

BBY’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for BBY stands at 1.29. Similarly, the long-term debt-to-equity ratio is also 1.09.

BBY Stock Stochastic Average

As of today, the raw stochastic average of Best Buy Co. Inc. over the past 50 days is 91.81%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 91.81%. Additionally, the Stochastic %K and %D values for the company were 96.50% and 78.08%, respectively, over the past 20 days.

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