Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Trimble Inc’s current trading price is -4.68% away from its 52-week high, while its distance from the 52-week low is 57.90%. The stock’s price range during this period has varied between $39.57 and $65.55. The company, active in the Technology sector, saw a trading volume of around 2.49 million for the day, considerably higher average daily volume of 1.32 million observed over the last three months.
Trimble Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $65.55 on 03/21/24, and the lowest price during the same period was recorded at $39.57 on 11/01/23.
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How Financial Performance Impacts Market Capitalization
Trimble Inc (TRMB) has experienced a quarterly rise of 12.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.26B and boasts a workforce of 12700 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 56.02, with a change in price of +5.70. Similarly, Trimble Inc recorded 1,349,057 in trading volume during the last 100 days, posting a change of +10.04%.
How TRMB’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for TRMB stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.27.
TRMB Stock Stochastic Average
As of today, the raw stochastic average of Trimble Inc over the past 50 days is 97.26%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 95.81%. Additionally, the Stochastic %K and %D values for the company were 89.79% and 90.23%, respectively, over the past 20 days.
TRMB Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 17.44%.However, over the last six months, we can see a weaker performance of 0.21%. Over the last 30 days, the price of TRMB has fallen by 13.72%. And in the last five days, it has surged by 5.68%.
