Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Paramount Global’s current trading price is -40.00% away from its 52-week high, while its distance from the 52-week low is 10.06%. The stock’s price range over this period has fluctuated between $9.54 and $17.50. The company, operating within the financial sector, had a trading volume of approximately 4.11 million for the day, which was noticeably lower than the average daily share volume of 10.06 million over the last 3 months.
Paramount Global experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $17.50 on 12/11/23, while the lowest price for the same period was registered at $9.54 on 06/18/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Paramount Global (PARA) has experienced a quarterly decline of -10.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.00B and boasts a workforce of 21900 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.98, with a change in price of -2.06. Similarly, Paramount Global recorded 12,203,228 in trading volume during the last 100 days, posting a change of -16.40%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Today, Paramount Global’s raw stochastic average for the past 50 days stands at 31.43%, indicating a decline from the raw stochastic average of the last 20 days, which was 57.89%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 59.30% and 57.08% respectively.
PARA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -29.01% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -4.28%. Over the past 30 days, the price of PARA has fallen by 1.84%. And in the last five days, it has fallen by -0.94%.
