logo

The Significance of Moving Averages in SLM Corp. Inc. (SLM) Price Performance

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 14.28%. However, over the past six months, we’ve seen a weaker performance of 3.36%. The price of SLM fallen by 1.58% over the last 30 days. And in the last five days, it has surged by 0.51%.

The market performance of SLM Corp. has been somewhat stable. Over the past year, the company’s stock achieved a high of $23.95 on 07/18/24, with the lowest value for the same timeframe being $12.26, recorded on 10/26/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of SLM Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. SLM Corp.’s current trading price is -8.77% away from its 52-week high, while its distance from the 52-week low is 78.22%. The stock’s price range for this period has been between $12.26 and $23.95. The Financial sector company’s shares saw a trading volume of about 3.23 million for the day, which was higher than the average daily volume of 1.55 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

SLM Corp. (SLM) has experienced a quarterly rise of 6.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.75B and boasts a workforce of 1740 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 21.29, with a change in price of +0.37. Similarly, SLM Corp. recorded 1,580,577 in trading volume during the last 100 days, posting a change of +1.72%.

SLM’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for SLM stands at 2.37. Similarly, the long-term debt-to-equity ratio is also 2.37.

SLM Stock Stochastic Average

As of today, the raw stochastic average of SLM Corp. over the last 50 days is at 53.95%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 78.13%. Further, the company’s Stochastic %K and %D values for the last 20 days were 76.95% and 80.83%, respectively.

Most Popular