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. Until today this year the stock’s price performance recorded an increase of 29.64%. However, over the last six months, the performance has been weaker by 23.55%. The price of NI decreased -0.66% over the last 30 days. And in the last five days, it has fallen by -1.01%.
NiSource Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $35.48 on 10/24/24, while the lowest price for the same period was registered at $24.58 on 11/08/23.
52-week price history of NI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. NiSource Inc’s current trading price is -2.99% away from its 52-week high, while its distance from the 52-week low is 40.03%. The stock’s price range during this period has varied between$24.58 and $35.48. The NiSource Inc’s shares, which operate in the Utilities, saw a trading volume of around 4.16 million for the day, a figure considerably higher than their average daily volume of 3.56 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
NiSource Inc (NI) has experienced a quarterly rise of 10.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.44B and boasts a workforce of 7411 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 31.96, with a change in price of +5.88. Similarly, NiSource Inc recorded 3,733,781 in trading volume during the last 100 days, posting a change of +20.60%.
NI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NI stands at 1.71. Similarly, the long-term debt-to-equity ratio is also 1.63.
NI Stock Stochastic Average
As of today, NiSource Inc’s raw stochastic average for the last 50 days stands at 69.36%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 42.08%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 62.48% and 74.68%, respectively.
