Steel Dynamics Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $151.34 on 11/06/24 and the lowest value was $104.60 on 09/11/24.
52-week price history of STLD Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Steel Dynamics Inc’s current trading price is 1.97% away from its 52-week high, while its distance from the 52-week low is 47.53%. The stock’s price range during this period has spanned from $104.60 to $151.34. In the Basic Materials sector, the Steel Dynamics Inc’s shares surpassed a trading volume of approximately 4.3 million for the day, which was noticeably higher compared to the average daily volume of 9.1.28 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Steel Dynamics Inc (STLD) has experienced a quarterly rise of 28.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.81B and boasts a workforce of 12600 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 124.74, with a change in price of +33.63. Similarly, Steel Dynamics Inc recorded 1,380,019 in trading volume during the last 100 days, posting a change of +27.86%.
Examining STLD’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 STLD stands at 0.41. Similarly, the long-term debt-to-equity ratio is also 0.31.
STLD Stock Stochastic Average
Today’s raw stochastic average for Steel Dynamics Inc over the last 50 days is 97.57%.This indicates a increase from the raw stochastic average of the past 20 days, which was 95.60%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 77.51% and 65.95%, respectively.
STLD 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. The metric has seen a significant gain of 30.67% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 17.96%. Over the past 30 days, the price of STLD has fallen by 21.48%. And in the last five days, it has surged by 16.23%.
