Nike, Inc.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $123.39 on 12/20/23, and the lowest price during the same period was recorded at $70.75 on 08/05/24.
52-week price history of NKE Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Nike, Inc.’s current trading price is -29.88% away from its 52-week high, while its distance from the 52-week low is 22.29%. The stock’s price range during this period has fluctuated between $70.75 and $123.39. Shares of the company, which operates in the Consumer Cyclical sector, recorded a trading volume of around 52.01 million for the day, which was evidently higher than the average daily volume of 15.22 million over the last three months.
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Financial Performance and Market Capitalization
Nike, Inc. (NKE) has experienced a quarterly decline of -10.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 129.73B and boasts a workforce of 79400 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 84.03, with a change in price of -7.54. Similarly, Nike, Inc. recorded 13,253,816 in trading volume during the last 100 days, posting a change of -8.02%.
NKE Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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 91.42%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 86.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 61.16% and 50.32%, respectively.
NKE 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. The metric has seen a significant loss of -20.31% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -14.18%. Over the past 30 days, the price of NKE has fallen by 3.00%. And in the last five days, it has surged by 9.51%.
