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. ON Semiconductor Corp.’s current trading price is -26.22% away from its 52-week high, while its distance from the 52-week low is 18.86%. The stock’s price range during this period has varied between $59.34 and $95.59. The company, active in the Technology sector, saw a trading volume of around 3.73 million for the day, considerably lower average daily volume of 6.62 million observed over the last three months.
ON Semiconductor Corp.’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $95.59 on 10/12/23, and the lowest price during that time was $59.34, recorded on 04/22/24.
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How Financial Performance Impacts Market Capitalization
ON Semiconductor Corp. (ON) has experienced a quarterly decline of -7.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.21B and boasts a workforce of 30100 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 72.41, with a change in price of -4.21. Similarly, ON Semiconductor Corp. recorded 6,136,632 in trading volume during the last 100 days, posting a change of -5.63%.
How ON’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 ON stands at 0.44. Similarly, the long-term debt-to-equity ratio is also 0.34.
ON Stock Stochastic Average
As of today, the raw stochastic average of ON Semiconductor Corp. over the last 50 days is at 32.78%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 43.80%. Further, the company’s Stochastic %K and %D values for the last 20 days were 49.30% and 49.32%, respectively.
ON 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. Until today this year the stock’s price performance recorded a decrease of -15.56%. However, over the last six months, the performance has been stronger by -0.58%. The price of ON increased 1.64% over the last 30 days. And in the last five days, it has fallen by -0.73%.
