Paramount Global’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $17.50 on 12/11/23, and the lowest price during the same period was recorded at $9.54 on 06/18/24.
52-week price history of PARA Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Paramount Global’s current trading price is -39.43% away from its 52-week high, while its distance from the 52-week low is 11.11%. The stock’s price range during this period has fluctuated between $9.54 and $17.50. Shares of the company, which operates in the Communication Services sector, recorded a trading volume of around 5.75 million for the day, which was evidently lower than the average daily volume of 11.16 million over the last three months.
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Financial Performance and Market Capitalization
Paramount Global (PARA) has experienced a quarterly decline of -1.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.07B and boasts a workforce of 21900 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.09, with a change in price of -2.22. Similarly, Paramount Global recorded 12,649,871 in trading volume during the last 100 days, posting a change of -17.32%.
PARA 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 PARA stands at 0.95. Similarly, the long-term debt-to-equity ratio is also 0.95.
PARA Stock Stochastic Average
Paramount Global’s raw stochastic average for the past 50 days is currently at 35.14%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 68.42%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 75.79% and 77.97%, respectively.
PARA Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -28.33% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -9.86%. Over the past 30 days, the price of PARA has fallen by 1.24%. And in the last five days, it has surged by 0.47%.
