Snap Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $17.90 on 12/18/23, and the lowest price during that time was $8.29, recorded on 08/07/24.
52-week price history of SNAP Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Snap Inc’s current trading price is -39.41% away from its 52-week high, while its distance from the 52-week low is 30.82%. The stock’s price range during this period has fluctuated between $8.29 and $17.90. Shares of the company, which operates in the Communication Services sector, recorded a trading volume of around 6.39 million for the day, which was evidently lower than the average daily volume of 25.22 million over the last three months.
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Financial Performance and Market Capitalization
Snap Inc (SNAP) has experienced a quarterly decline of -34.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.00B and boasts a workforce of 5289 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.03, with a change in price of -5.90. Similarly, Snap Inc recorded 23,207,365 in trading volume during the last 100 days, posting a change of -35.04%.
SNAP 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 SNAP stands at 2.05. Similarly, the long-term debt-to-equity ratio is also 2.02.
SNAP Stock Stochastic Average
The raw stochastic average for Snap Inc over the last 50 days is presently at 37.54%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 95.28%. Further, the company’s Stochastic %K and %D values for the last 20 days were 90.88% and 91.79%, respectively.
SNAP Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -35.94%. However, over the past six months, we’ve seen a stronger performance of -5.53%. The price of SNAP fallen by 18.14% over the last 30 days. And in the last five days, it has surged by 7.91%.
