A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. General Mills, Inc’s current trading price is -15.34% away from its 52-week high, while its distance from the 52-week low is 4.53%. The stock’s price range for this time frame has been between $61.47 and $75.90. The trading volume of the company’s shares in the Consumer Defensive reached around 4.7 million for the day, which was evidently higher than the average daily volume of 3.48 million over the last three months.
General Mills, Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $75.90 on 09/10/24, and the lowest price during the same period was recorded at $61.47 on 02/14/24.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
How Financial Performance Impacts Market Capitalization
General Mills, Inc (GIS) has experienced a quarterly decline of -8.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 35.67B and boasts a workforce of 34000 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 69.13, with a change in price of -2.82. Similarly, General Mills, Inc recorded 3,717,263 in trading volume during the last 100 days, posting a change of -4.20%.
How GIS’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 GIS stands at 1.44. Similarly, the long-term debt-to-equity ratio is also 1.23.
GIS Stock Stochastic Average
General Mills, Inc’s raw stochastic average for the past 50 days is currently at 2.02%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 3.22%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.67% and 4.30%, respectively.
GIS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -1.35%. However, over the last six months, the performance has been stronger by -9.30%. The price of GIS decreased -9.28% over the last 30 days. And in the last five days, it has fallen by -5.93%.
