The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. This year’s metric has recorded a Price increase of 26.06%. However, over the past six months, we’ve seen a weaker performance of 29.45%. The price of BBY leaped by -0.80% over the last 30 days. And in the last five days, it has surged by 0.04%.
Best Buy Co. Inc.’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $103.71 on 08/29/24, and the lowest price during that time was $62.30, recorded on 11/10/23.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
52-week price history of BBY Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Best Buy Co. Inc.’s current trading price is -4.85% away from its 52-week high, while its distance from the 52-week low is 58.39%. The stock’s price range over this timeframe has been between $62.30 and $103.71. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 2.45 million for the day, which was comparatively lower than the average daily volume of 2.78 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Best Buy Co. Inc. (BBY) has experienced a quarterly rise of 12.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.19B and boasts a workforce of 85000 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 90.02, with a change in price of +29.05. Similarly, Best Buy Co. Inc. recorded 3,243,643 in trading volume during the last 100 days, posting a change of +41.72%.
BBY’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for BBY stands at 1.32. Similarly, the long-term debt-to-equity ratio is also 1.12.
BBY Stock Stochastic Average
Best Buy Co. Inc.’s raw stochastic average for the past 50 days is currently at 78.22%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 40.22%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 28.27% and 20.60%, respectively.
