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GFL’s Market Ups and Downs: What’s Behind the 2023 Stock Performance?

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 gain of 14.18%.However, over the last six months, we can see a weaker performance of 16.48%. Over the last 30 days, the price of GFL has fallen by 13.46%. And in the last five days, it has surged by 2.62%.

GFL Environmental Inc.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $40.27 on 06/05/24 and a low of $26.87 for the same time frame on 11/29/23.

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52-week price history of GFL Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. GFL Environmental Inc.’s current trading price is -2.15% away from its 52-week high, while its distance from the 52-week low is 46.65%. The stock’s price range during this period has varied between$26.87 and $40.27. The GFL Environmental Inc.’s shares, which operate in the Industrials, saw a trading volume of around 0.45 million for the day, a figure considerably lower than their average daily volume of 1.3 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

GFL Environmental Inc. (GFL) has experienced a quarterly rise of 17.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.83B and boasts a workforce of 20000 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 34.72, with a change in price of +3.86. Similarly, GFL Environmental Inc. recorded 1,312,152 in trading volume during the last 100 days, posting a change of +10.94%.

GFL’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GFL stands at 1.34. Similarly, the long-term debt-to-equity ratio is also 1.33.

GFL Stock Stochastic Average

As of today, GFL Environmental Inc.’s raw stochastic average for the last 50 days stands at 88.46%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 74.31%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 77.69% and 80.83%, respectively.

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