Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Western Alliance Bancorp’s current trading price is 1.21% away from its 52-week high, while its distance from the 52-week low is 126.46%. The stock’s price range over this period has fluctuated between $38.81 and $86.84. The company, operating within the financial sector, had a trading volume of approximately 0.89 million for the day, which was noticeably lower than the average daily share volume of 1.17 million over the last 3 months.
Western Alliance Bancorp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $86.84 on 09/19/24, while the lowest value for the same period was recorded at $38.81 on 10/25/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Western Alliance Bancorp (WAL) has experienced a quarterly rise of 47.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.68B and boasts a workforce of 3260 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 69.61, with a change in price of +28.89. Similarly, Western Alliance Bancorp recorded 1,033,794 in trading volume during the last 100 days, posting a change of +49.22%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for WAL stands at 1.05. Similarly, the long-term debt-to-equity ratio is also 0.24.
WAL Stock Stochastic Average
Today, Western Alliance Bancorp’s raw stochastic average for the past 50 days stands at 95.04%, indicating a rise from the raw stochastic average of the last 20 days, which was 89.69%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 80.60% and 71.95% respectively.
WAL Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 33.59% this year. Over the last six months, there has been a weaker performance of 42.56%. The price of WAL fallen by 13.57% during the last 30 days period. For the last 5-days stocks have improved 11.89%.
