Truist Financial Corporation saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $47.03 on 11/06/24, while the lowest price for the same duration was marked at $28.93 on 11/13/23.
52-week price history of TFC Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Truist Financial Corporation’s current trading price is -1.25% away from its 52-week high, while its distance from the 52-week low is 60.53%. The stock’s price range during this period has spanned from $28.93 to $47.03. In the Financial sector, the Truist Financial Corporation’s shares surpassed a trading volume of approximately 8.0 million for the day, which was noticeably lower compared to the average daily volume of 9.8.03 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 rise of 11.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 60.34B 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 42.26, with a change in price of +9.81. Similarly, Truist Financial Corporation recorded 7,950,109 in trading volume during the last 100 days, posting a change of +26.78%.
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 0.90. Similarly, the long-term debt-to-equity ratio is also 0.58.
TFC Stock Stochastic Average
Today, Truist Financial Corporation’s raw stochastic average for the past 50 days stands at 90.73%, indicating a rise from the raw stochastic average of the last 20 days, which was 88.17%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 78.41% and 74.90% respectively.
TFC 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. The index has shown a price gain of 25.79% this year. Over the last six months, there has been a weaker performance of 18.53%. The price of TFC fallen by 7.35% during the last 30 days period. For the last 5-days stocks have improved 10.39%.