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Apple Inc (AAPL) Stock: A Year of Stock Market Dynamics

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A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Apple Inc’s current trading price is -8.81% away from its 52-week high, while its distance from the 52-week low is 31.84%. The stock’s price range for this time frame has been between $164.07 and $237.23. The trading volume of the company’s shares in the Technology reached around 59.13 million for the day, which was evidently higher than the average daily volume of 57.22 million over the last three months.

The stock market performance of Apple Inc has been very steady. Over the last year, the company’s stock hit its highest at $237.23 on 07/15/24, while the lowest price during the same time frame was $164.07, recorded on 04/19/24.

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How Financial Performance Impacts Market Capitalization

Apple Inc (AAPL) has experienced a quarterly rise of 1.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3288.95B and boasts a workforce of 161000 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 208.99, with a change in price of +49.42. Similarly, Apple Inc recorded 60,902,125 in trading volume during the last 100 days, posting a change of +29.61%.

How AAPL’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 AAPL stands at 1.52. Similarly, the long-term debt-to-equity ratio is also 1.29.

AAPL Stock Stochastic Average

Apple Inc’s raw stochastic average for the past 50 days is currently at 49.28%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 12.63%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 28.58% and 32.29%, respectively.

AAPL Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded an increase of 12.36%. However, over the last six months, the performance has been weaker by 25.32%. The price of AAPL decreased -3.74% over the last 30 days. And in the last five days, it has fallen by -2.08%.

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