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Meta Platforms Inc’s Shares Reel: 7.47% Quarterly Revenue Decline Amid 1292.55B Market Cap

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The market performance of Meta Platforms Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $542.81 on 07/08/24, while the lowest value for the same duration was $274.38 on 08/18/23.

52-week price history of META 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. Meta Platforms Inc’s current trading price is -5.87% away from its 52-week high, while its distance from the 52-week low is 86.21%. The stock’s price range during the 52-week period has remained between $274.38 and $542.81. In the Communication Services sector, the company’s shares saw a trading volume of around 7.36 million for the day, which was evidently lower than the average daily volume of 14.08 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Meta Platforms Inc (META) has experienced a quarterly rise of 7.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1292.55B and boasts a workforce of 67317 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 489.18, with a change in price of +14.88. Similarly, Meta Platforms Inc recorded 15,087,505 in trading volume during the last 100 days, posting a change of +2.99%.

Examining META’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 META stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.23.

META Stock Stochastic Average

Meta Platforms Inc’s raw stochastic average for the past 50 days is presently 69.10%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 81.89%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 70.33% and 59.03%, respectively.

META 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 increase of 44.35%. However, over the past six months, we’ve seen a weaker performance of 8.71%. The price of META leaped by -0.35% over the last 30 days. And in the last five days, it has surged by 4.67%.

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