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. Trimble Inc’s current trading price is 10.82% away from its 52-week high, while its distance from the 52-week low is 78.08%. The stock’s price range during this period has varied between $40.79 and $65.55. The company, active in the Technology sector, saw a trading volume of around 4.32 million for the day, considerably higher average daily volume of 1.24 million observed over the last three months.
Trimble Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $65.55 on 11/06/24, while the lowest price during the same period was $40.79 on 11/13/23.
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How Financial Performance Impacts Market Capitalization
Trimble Inc (TRMB) has experienced a quarterly rise of 40.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.74B and boasts a workforce of 12700 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 57.46, with a change in price of +17.83. Similarly, Trimble Inc recorded 1,263,552 in trading volume during the last 100 days, posting a change of +32.53%.
How TRMB’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 TRMB stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.27.
TRMB Stock Stochastic Average
As of today, the raw stochastic average of Trimble Inc over the last 50 days is at 97.30%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 96.12%. Further, the company’s Stochastic %K and %D values for the last 20 days were 66.07% and 51.30%, respectively.
TRMB Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 36.54%.However, over the last six months, we can see a weaker performance of 28.48%. Over the last 30 days, the price of TRMB has fallen by 18.15%. And in the last five days, it has surged by 18.38%.
