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. Tesla Inc’s current trading price is -18.56% away from its 52-week high, while its distance from the 52-week low is 59.00%. The stock’s price range during this period has varied between $138.80 and $271.00. The company, active in the Consumer Cyclical sector, saw a trading volume of around 49.33 million for the day, considerably lower average daily volume of 81.79 million observed over the last three months.
Tesla Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $271.00 on 07/11/24, and the lowest price during that time was $138.80, recorded on 04/22/24.
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How Financial Performance Impacts Market Capitalization
Tesla Inc (TSLA) has experienced a quarterly decline of -12.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 705.06B and boasts a workforce of 140473 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 218.73, with a change in price of +43.95. Similarly, Tesla Inc recorded 88,479,508 in trading volume during the last 100 days, posting a change of +24.87%.
How TSLA’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 TSLA stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.14.
TSLA Stock Stochastic Average
As of today, the raw stochastic average of Tesla Inc over the past 50 days is 37.09%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 13.62%. Additionally, the Stochastic %K and %D values for the company were 14.15% and 13.28%, respectively, over the past 20 days.
TSLA Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -11.18%. However, over the past six months, we’ve seen a weaker performance of 50.08%. The price of TSLA leaped by -9.52% over the last 30 days. And in the last five days, it has surged by 1.33%.
