A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. International Business Machines Corp.’s current trading price is 0.02% away from its 52-week high, while its distance from the 52-week low is 62.82%. The stock’s price range for this time frame has been between $135.87 and $221.19. The trading volume of the company’s shares in the Technology reached around 2.46 million for the day, which was evidently lower than the average daily volume of 3.62 million over the last three months.
The stock market performance of International Business Machines Corp. has been very steady. Over the last year, the company’s stock hit its highest at $221.19 on 09/25/24, while the lowest price during the same time frame was $135.87, recorded on 10/23/23.
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How Financial Performance Impacts Market Capitalization
International Business Machines Corp. (IBM) has experienced a quarterly rise of 28.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 203.79B and boasts a workforce of 305300 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 184.92, with a change in price of +56.54. Similarly, International Business Machines Corp. recorded 3,615,727 in trading volume during the last 100 days, posting a change of +34.33%.
How IBM’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 IBM stands at 2.49. Similarly, the long-term debt-to-equity ratio is also 2.31.
IBM Stock Stochastic Average
International Business Machines Corp.’s raw stochastic average for the past 50 days is currently at 98.45%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 97.45%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 98.69% and 96.07%, respectively.
IBM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 35.27% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 17.36%. Over the past 30 days, the price of IBM has fallen by 11.74%. And in the last five days, it has surged by 2.93%.
