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 a decrease of -14.89%. However, over the last six months, the performance has been stronger by -9.15%. The price of SLB decreased -1.09% over the last 30 days. And in the last five days, it has surged by 9.85%.
Schlumberger Ltd experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $55.69 on 03/28/24, while the lowest price for the same period was registered at $38.66 on 09/11/24.
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52-week price history of SLB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Schlumberger Ltd’s current trading price is -20.47% away from its 52-week high, while its distance from the 52-week low is 14.56%. The stock’s price range during this period has varied between$38.66 and $55.69. The Schlumberger Ltd’s shares, which operate in the Energy, saw a trading volume of around 11.35 million for the day, a figure considerably lower than their average daily volume of 12.01 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Schlumberger Ltd (SLB) has experienced a quarterly rise of 1.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 62.46B and boasts a workforce of 111000 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 44.15, with a change in price of -1.17. Similarly, Schlumberger Ltd recorded 11,428,611 in trading volume during the last 100 days, posting a change of -2.57%.
SLB’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 SLB stands at 0.60. Similarly, the long-term debt-to-equity ratio is also 0.55.
SLB Stock Stochastic Average
As of today, Schlumberger Ltd’s raw stochastic average for the last 50 days stands at 75.12%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 96.84%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 77.86% and 67.11%, respectively.
