The market performance of Truist Financial Corporation’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $45.31 on 07/31/24, while the lowest value for the same duration was $27.64 on 10/30/23.
52-week price history of TFC 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. Truist Financial Corporation’s current trading price is -4.90% away from its 52-week high, while its distance from the 52-week low is 55.90%. The stock’s price range during the 52-week period has remained between $27.64 and $45.31. In the Financial sector, the company’s shares saw a trading volume of around 4.71 million for the day, which was evidently lower than the average daily volume of 7.69 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Truist Financial Corporation (TFC) has experienced a quarterly decline of -3.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 57.70B and boasts a workforce of 49037 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 41.53, with a change in price of +6.67. Similarly, Truist Financial Corporation recorded 7,612,350 in trading volume during the last 100 days, posting a change of +18.31%.
Examining TFC’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 TFC stands at 0.88. Similarly, the long-term debt-to-equity ratio is also 0.56.
TFC Stock Stochastic Average
Truist Financial Corporation’s raw stochastic average for the past 50 days is presently 56.86%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 52.21%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 49.96% and 52.29%, respectively.
TFC Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 16.71%.However, over the last six months, we can see a weaker performance of 14.75%. Over the last 30 days, the price of TFC has fallen by 0.75%. And in the last five days, it has fallen by -0.69%.
