Truist Financial Corporation saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $45.31 on 07/31/24, while the lowest price for the same duration was marked at $26.57 on 10/06/23.
52-week price history of TFC 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. Truist Financial Corporation’s current trading price is -7.72% away from its 52-week high, while its distance from the 52-week low is 57.39%. The stock’s price range during the 52-week period has remained between $26.57 and $45.31. In the Financial sector, the company’s shares saw a trading volume of around 2.14 million for the day, which was evidently lower than the average daily volume of 7.49 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Truist Financial Corporation (TFC) has experienced a quarterly rise of 5.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 55.99B and boasts a workforce of 49037 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 40.63, with a change in price of +2.26. Similarly, Truist Financial Corporation recorded 7,189,307 in trading volume during the last 100 days, posting a change of +5.75%.
Examining TFC’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 TFC stands at 0.92. Similarly, the long-term debt-to-equity ratio is also 0.56.
TFC Stock Stochastic Average
Truist Financial Corporation’s raw stochastic average for the past 50 days is presently 32.20%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 25.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 40.85% and 41.32%, respectively.
TFC 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. Year to date metric has recorded a gain of 13.24%.However, over the last six months, we can see a weaker performance of 10.35%. Over the last 30 days, the price of TFC has leaped by -5.96%. And in the last five days, it has fallen by -0.40%.
