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. Until today this year the stock’s price performance recorded an increase of 2.89%. However, over the last six months, the performance has been weaker by 4.20%. The price of WLK increased 0.96% over the last 30 days. And in the last five days, it has fallen by -1.11%.
In terms of market performance, Westlake Corporation had a fairly even. The highest value for the stock in the past year was $162.64 on 04/09/24, and the lowest value was recorded at $112.77 on 10/25/23.
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52-week price history of WLK Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Westlake Corporation’s current trading price is -11.45% away from its 52-week high, while its distance from the 52-week low is 27.70%. The stock’s price range during this period has varied between$112.77 and $162.64. The Westlake Corporation’s shares, which operate in the Basic Materials, saw a trading volume of around 0.95 million for the day, a figure considerably higher than their average daily volume of 0.47 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Westlake Corporation (WLK) has experienced a quarterly decline of -6.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.52B and boasts a workforce of 15520 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 150.53, with a change in price of -0.16. Similarly, Westlake Corporation recorded 469,528 in trading volume during the last 100 days, posting a change of -0.11%.
WLK’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 WLK stands at 0.53. Similarly, the long-term debt-to-equity ratio is also 0.50.
WLK Stock Stochastic Average
As of today, Westlake Corporation’s raw stochastic average for the last 50 days stands at 44.78%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 64.12%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 27.68% and 27.31%, respectively.
