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

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 16.86%. However, over the past six months, we’ve seen a weaker performance of 20.82%. The price of BX fallen by 9.68% over the last 30 days. And in the last five days, it has fallen by -1.48%.

Blackstone Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $161.25 on 09/20/24 and a low of $87.55 for the same time frame on 10/27/23.

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52-week price history of BX Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Blackstone Inc’s current trading price is -6.23% away from its 52-week high, while its distance from the 52-week low is 72.70%. The stock’s price range during this time has been between $87.55 and $161.25. The trading volume for the Financial sector company’s shares reached about 2.09 million for the day, which was lower than the average daily volume of 3.43 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Blackstone Inc (BX) has experienced a quarterly rise of 23.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 184.68B and boasts a workforce of 4735 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 133.89, with a change in price of +27.16. Similarly, Blackstone Inc recorded 3,247,124 in trading volume during the last 100 days, posting a change of +21.90%.

BX’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 BX stands at 1.73. Similarly, the long-term debt-to-equity ratio is also 1.72.

BX Stock Stochastic Average

Today, Blackstone Inc’s raw stochastic average for the past 50 days stands at 72.69%, indicating a rise from the raw stochastic average of the last 20 days, which was 60.77%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 62.93% and 65.79% respectively.

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