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IBM: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 34.06%.However, over the last six months, we can see a weaker performance of 14.85%. Over the last 30 days, the price of IBM has fallen by 8.93%. And in the last five days, it has fallen by -0.89%.

International Business Machines Corp. experienced a rather steady stock market performance. The highest value in the past year was recorded at $224.15 on 09/27/24 and the lowest value was $135.87 on 10/23/23.

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52-week price history of IBM Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. International Business Machines Corp.’s current trading price is -2.19% away from its 52-week high, while its distance from the 52-week low is 61.37%. The stock’s price range during this period has varied between$135.87 and $224.15. The International Business Machines Corp.’s shares, which operate in the Technology, saw a trading volume of around 0.93 million for the day, a figure considerably lower than their average daily volume of 3.6 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

International Business Machines Corp. (IBM) has experienced a quarterly rise of 24.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 201.96B and boasts a workforce of 305300 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 187.57, with a change in price of +52.80. Similarly, International Business Machines Corp. recorded 3,574,790 in trading volume during the last 100 days, posting a change of +31.76%.

IBM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 presently 88.00%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 79.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 82.60% and 86.16%, respectively.

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