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GE HealthCare Technologies Inc: Navigating Market Volatility with a 1.79 Debt-to-Equity Ratio

GE HealthCare Technologies Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $94.50 on 03/08/24, while the lowest value for the same period was recorded at $62.35 on 10/30/23.

52-week price history of GEHC 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. GE HealthCare Technologies Inc’s current trading price is -2.42% away from its 52-week high, while its distance from the 52-week low is 47.89%. The stock’s price range during the 52-week period has remained between $62.35 and $94.50. In the Healthcare sector, the company’s shares saw a trading volume of around 3.54 million for the day, which was evidently higher than the average daily volume of 2.72 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

GE HealthCare Technologies Inc (GEHC) has experienced a quarterly rise of 17.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 42.11B and boasts a workforce of 51000 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 81.62, with a change in price of +13.95. Similarly, GE HealthCare Technologies Inc recorded 2,644,497 in trading volume during the last 100 days, posting a change of +17.83%.

Examining GEHC’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 GEHC stands at 1.24. Similarly, the long-term debt-to-equity ratio is also 1.09.

GEHC Stock Stochastic Average

As of today, GE HealthCare Technologies Inc’s raw stochastic average for the last 50 days stands at 99.04%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 98.59%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 93.10% and 91.91%, respectively.

GEHC 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. This year’s metric has recorded a Price increase of 19.26%. However, over the past six months, we’ve seen a weaker performance of 4.45%. The price of GEHC fallen by 8.76% over the last 30 days. And in the last five days, it has surged by 6.24%.

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