RTX Corp Inc. (RTX) Price Performance: A Fundamental Analysis Perspective

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 27.28% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 31.40%. Over the past 30 days, the price of RTX has fallen by 1.28%. And in the last five days, it has fallen by -0.26%.

RTX Corp’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $108.65 on 06/03/24, and the lowest price during that time was $68.56, recorded on 10/06/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

52-week price history of RTX Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. RTX Corp’s current trading price is -1.44% away from its 52-week high, while its distance from the 52-week low is 56.21%. The stock’s price range for this period has been between $68.56 and $108.65. The Industrials sector company’s shares saw a trading volume of about 5.92 million for the day, which was lower than the average daily volume of 7.55 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

RTX Corp (RTX) has experienced a quarterly rise of 17.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 142.38B and boasts a workforce of 185000 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 97.30, with a change in price of +22.04. Similarly, RTX Corp recorded 7,594,405 in trading volume during the last 100 days, posting a change of +25.91%.

RTX’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 RTX stands at 0.73. Similarly, the long-term debt-to-equity ratio is also 0.72.

RTX Stock Stochastic Average

As of today, the raw stochastic average of RTX Corp over the past 50 days is 86.57%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 68.42%. Additionally, the Stochastic %K and %D values for the company were 82.66% and 88.82%, respectively, over the past 20 days.

Most Popular