A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Nike, Inc.’s current trading price is -32.48% away from its 52-week high, while its distance from the 52-week low is 17.77%. The stock’s price range for this time frame has been between $70.75 and $123.39. The trading volume of the company’s shares in the Consumer Cyclical reached around 13.73 million for the day, which was evidently lower than the average daily volume of 15.02 million over the last three months.
Nike, Inc.’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $123.39 on 12/20/23, with the lowest value being $70.75 on 08/05/24.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
How Financial Performance Impacts Market Capitalization
Nike, Inc. (NKE) has experienced a quarterly decline of -12.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 124.94B and boasts a workforce of 79400 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 85.87, with a change in price of -7.68. Similarly, Nike, Inc. recorded 12,812,396 in trading volume during the last 100 days, posting a change of -8.44%.
How NKE’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for NKE stands at 0.83. Similarly, the long-term debt-to-equity ratio is also 0.73.
NKE Stock Stochastic Average
Nike, Inc.’s raw stochastic average for the past 50 days is currently at 46.06%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 85.63%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.29% and 88.65%, respectively.
NKE Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a loss of -23.26%.However, over the last six months, we can see a stronger performance of -18.22%. Over the last 30 days, the price of NKE has fallen by 12.82%. And in the last five days, it has fallen by -0.87%.
