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Nucor Corp. (NUE) Stock: Navigating a Year of Stock Volatility

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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. Nucor Corp.’s current trading price is -22.45% away from its 52-week high, while its distance from the 52-week low is 17.99%. The stock’s price range over this period has fluctuated between $133.42 and $203.00. The company, operating within the financial sector, had a trading volume of approximately 0.67 million for the day, which was noticeably lower than the average daily share volume of 1.46 million over the last 3 months.

Nucor Corp. experienced a rather steady stock market performance. The highest value in the past year was recorded at $203.00 on 04/09/24 and the lowest value was $133.42 on 09/11/24.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Nucor Corp. (NUE) has experienced a quarterly decline of -3.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.36B and boasts a workforce of 32000 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 152.69, with a change in price of -13.91. Similarly, Nucor Corp. recorded 1,519,104 in trading volume during the last 100 days, posting a change of -8.12%.

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 NUE stands at 0.33. Similarly, the long-term debt-to-equity ratio is also 0.27.

NUE Stock Stochastic Average

Today, Nucor Corp.’s raw stochastic average for the past 50 days stands at 96.26%, indicating a rise from the raw stochastic average of the last 20 days, which was 93.03%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 86.24% and 83.53% respectively.

NUE Stock Price Performance Analysis

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. The metric has seen a significant loss of -9.55% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -17.48%. Over the past 30 days, the price of NUE has fallen by 10.10%. And in the last five days, it has surged by 4.32%.

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