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JNJ’s Debt-to-Equity Ratio at 0.48: What It Means for Johnson & Johnson’s Future

Johnson & Johnson had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $175.97 on 08/10/23, while the lowest price during the same period was $143.13 on 04/18/24.

52-week price history of JNJ Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Johnson & Johnson’s current trading price is -16.78% away from its 52-week high, while its distance from the 52-week low is 2.31%. The stock’s price range for this period has remained between $143.13 and $175.97. The Healthcare sector company’s shares managed to surpass a trading volume of around 4.98 million for the day, which was noticeably lower compared to the shares’ average daily volume of 7.67 million over the last three months.

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Financial Performance and Market Capitalization

Johnson & Johnson (JNJ) has experienced a quarterly decline of -7.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 352.43B and boasts a workforce of 131900 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 152.24, with a change in price of -11.62. Similarly, Johnson & Johnson recorded 7,523,411 in trading volume during the last 100 days, posting a change of -7.35%.

JNJ Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for JNJ stands at 0.48. Similarly, the long-term debt-to-equity ratio is also 0.36.

JNJ Stock Stochastic Average

As of today, the raw stochastic average of Johnson & Johnson over the past 50 days is 24.48%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 43.84%. Additionally, the Stochastic %K and %D values for the company were 38.59% and 42.44%, respectively, over the past 20 days.

JNJ Stock Price Performance Analysis

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. This year’s metric has recorded a Price decrease of -6.57%. However, over the past six months, we’ve seen a stronger performance of -6.48%. The price of JNJ fallen by 0.80% over the last 30 days. And in the last five days, it has fallen by -1.80%.

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