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Southwest Airlines Co (LUV) Stock: A Year of Highs and Lows in the Market

ELVT Stock

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Southwest Airlines Co’s current trading price is -8.09% away from its 52-week high, while its distance from the 52-week low is 37.13%. The stock’s price range for this period has been between $23.58 and $35.18 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 3.41 million for the day, a number notably lower than the average daily volume of 8.26 million over the last three months.

Southwest Airlines Co experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $35.18 on 02/22/24, while the lowest price for the same period was registered at $23.58 on 08/05/24.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Southwest Airlines Co (LUV) has experienced a quarterly rise of 21.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.50B and boasts a workforce of 74806 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 28.81, with a change in price of +3.80. Similarly, Southwest Airlines Co recorded 9,355,766 in trading volume during the last 100 days, posting a change of +13.35%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for LUV stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.57.

LUV Stock Stochastic Average

Southwest Airlines Co’s raw stochastic average for the past 50 days is presently 82.29%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 80.74%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.25% and 83.80%, respectively.

LUV Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 11.96% this year. Over the last six months, there has been a weaker performance of 14.66%. The price of LUV fallen by 4.37% during the last 30 days period. For the last 5-days stocks have slided -0.96%.

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