In terms of market performance, Pure Storage Inc had a somewhat regular. The highest value for the stock in the past year was $70.41 on 06/18/24, while the lowest value was $31.00 on 11/30/23.
52-week price history of PSTG Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Pure Storage Inc’s current trading price is -28.77% away from its 52-week high, while its distance from the 52-week low is 61.77%. The stock’s price range for this period has remained between $31.00 and $70.41. The Technology sector company’s shares managed to surpass a trading volume of around 5.31 million for the day, which was noticeably higher compared to the shares’ average daily volume of 2.86 million over the last three months.
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Financial Performance and Market Capitalization
Pure Storage Inc (PSTG) has experienced a quarterly decline of -16.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.43B and boasts a workforce of 5600 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 55.71, with a change in price of -14.33. Similarly, Pure Storage Inc recorded 2,848,445 in trading volume during the last 100 days, posting a change of -22.22%.
PSTG Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PSTG stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.16.
PSTG Stock Stochastic Average
As of today, the raw stochastic average of Pure Storage Inc over the past 50 days is 40.83%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 7.35%. Additionally, the Stochastic %K and %D values for the company were 28.03% and 39.91%, respectively, over the past 20 days.
PSTG Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 40.63% this year. Over the last six months, there has been a stronger performance of -11.10%. The price of PSTG leaped by -6.96% during the last 30 days period. For the last 5-days stocks have slided -1.96%.
