In terms of market performance, Chegg Inc had a fairly uneven. The highest value for the stock in the past year was $11.48 on 12/28/23, and the lowest value was recorded at $1.48 on 10/10/24.
52-week price history of CHGG Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Chegg Inc’s current trading price is -86.41% away from its 52-week high, while its distance from the 52-week low is 5.41%. The stock’s price range during the 52-week period has remained between $1.48 and $11.48. In the Consumer Defensive sector, the company’s shares saw a trading volume of around 1.5 million for the day, which was evidently lower than the average daily volume of 3.86 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Chegg Inc (CHGG) has experienced a quarterly decline of -52.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 161.73M and boasts a workforce of 1979 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.4714, with a change in price of -2.2300. Similarly, Chegg Inc recorded 4,049,435 in trading volume during the last 100 days, posting a change of -59.15%.
Examining CHGG’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CHGG stands at 1.69. Similarly, the long-term debt-to-equity ratio is also 0.71.
CHGG Stock Stochastic Average
Chegg Inc’s raw stochastic average for the past 50 days is presently 7.06%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 15.79%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 20.18% and 20.44%, respectively.
CHGG Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -86.27%. However, over the last six months, the performance has been stronger by -77.16%. The price of CHGG decreased -4.88% over the last 30 days. And in the last five days, it has fallen by -4.29%.
