The market performance of Schlumberger Ltd.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $62.12 on 09/12/23, while the lowest value for the same duration was $42.61 on 06/14/24.
52-week price history of SLB Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Schlumberger Ltd.’s current trading price is -27.92% away from its 52-week high, while its distance from the 52-week low is 5.08%. The stock’s price range during the 52-week period has remained between $42.61 and $62.12. In the Energy sector, the company’s shares saw a trading volume of around 3.67 million for the day, which was evidently lower than the average daily volume of 10.75 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Schlumberger Ltd. (SLB) has experienced a quarterly decline of -5.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 63.57B and boasts a workforce of 111000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 48.79, with a change in price of -6.75. Similarly, Schlumberger Ltd. recorded 10,258,498 in trading volume during the last 100 days, posting a change of -13.10%.
Examining SLB’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SLB stands at 0.63. Similarly, the long-term debt-to-equity ratio is also 0.58.
SLB Stock Stochastic Average
Schlumberger Ltd.’s raw stochastic average for the past 50 days is presently 26.05%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 1.04%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.55% and 41.69%, respectively.
SLB 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 -13.96%. However, over the past six months, we’ve seen a stronger performance of -8.62%. The price of SLB leaped by -5.36% over the last 30 days. And in the last five days, it has fallen by -8.30%.
