In terms of market performance, Hormel Foods Corp. had a fairly uneven. The highest value for the stock in the past year was $39.58 on 09/21/23, and the lowest value was recorded at $28.51 on 02/14/24.
52-week price history of HRL 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. Hormel Foods Corp.’s current trading price is -19.59% away from its 52-week high, while its distance from the 52-week low is 11.63%. The stock’s price range during the 52-week period has remained between $28.51 and $39.58. In the Consumer Defensive sector, the company’s shares saw a trading volume of around 0.78 million for the day, which was evidently lower than the average daily volume of 2.21 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Hormel Foods Corp. (HRL) has experienced a quarterly rise of 3.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.45B and boasts a workforce of 20000 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 32.31, with a change in price of -3.55. Similarly, Hormel Foods Corp. recorded 2,338,978 in trading volume during the last 100 days, posting a change of -10.02%.
Examining HRL’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 HRL stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.36.
HRL Stock Stochastic Average
Hormel Foods Corp.’s raw stochastic average for the past 50 days is presently 67.34%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 67.34%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 74.01% and 77.95%, respectively.
HRL 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. Until today this year the stock’s price performance recorded a decrease of -0.89%. However, over the last six months, the performance has been stronger by -7.11%. The price of HRL decreased -1.90% over the last 30 days. And in the last five days, it has fallen by -0.79%.
