The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Synopsys, Inc.’s current trading price is -9.37% away from its 52-week high, while its distance from the 52-week low is 36.29%. The stock’s price range for this period has been between $418.51 and $629.38 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.4 million for the day, a number notably higher than the average daily volume of 0.84 million over the last three months.
Synopsys, Inc.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $629.38 on 02/22/24 and a low of $418.51 for the same time frame on 08/18/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Synopsys, Inc. (SNPS) has experienced a quarterly rise of 5.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 87.39B and boasts a workforce of 20300 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 573.37, with a change in price of -10.52. Similarly, Synopsys, Inc. recorded 883,112 in trading volume during the last 100 days, posting a change of -1.81%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SNPS stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.08.
SNPS Stock Stochastic Average
As of today, Synopsys, Inc.’s raw stochastic average for the last 50 days stands at 38.01%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 1.95%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 49.42% and 64.48%, respectively.
SNPS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 10.77%. However, over the last six months, the performance has been weaker by 11.91%. The price of SNPS decreased -3.36% over the last 30 days. And in the last five days, it has fallen by -7.94%.
