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Primo Water Corporation: Navigating Market Volatility with a 1.79 Debt-to-Equity Ratio

Primo Water Corporation ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $25.60 on 06/17/24, while the lowest value for the same period was recorded at $12.92 on 10/27/23.

52-week price history of PRMW 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. Primo Water Corporation’s current trading price is -13.84% away from its 52-week high, while its distance from the 52-week low is 70.74%. The stock’s price range during the 52-week period has remained between $12.92 and $25.60. In the Consumer Defensive sector, the company’s shares saw a trading volume of around 0.74 million for the day, which was evidently lower than the average daily volume of 1.26 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Primo Water Corporation (PRMW) has experienced a quarterly decline of -0.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.54B and boasts a workforce of 6400 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 20.94, with a change in price of +3.84. Similarly, Primo Water Corporation recorded 1,259,739 in trading volume during the last 100 days, posting a change of +21.09%.

Examining PRMW’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 PRMW stands at 0.98. Similarly, the long-term debt-to-equity ratio is also 0.95.

PRMW Stock Stochastic Average

As of today, Primo Water Corporation’s raw stochastic average for the last 50 days stands at 34.71%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 90.52%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 91.00% and 91.48%, respectively.

PRMW Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 46.58%. However, over the past six months, we’ve seen a weaker performance of 40.06%. The price of PRMW fallen by 3.28% over the last 30 days. And in the last five days, it has fallen by -0.18%.

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