The stock market performance of Dolby Laboratories Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $90.06 on 12/11/23, while the lowest price during the same time frame was $66.35, recorded on 08/12/24.
52-week price history of DLB Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Dolby Laboratories Inc’s current trading price is -8.97% away from its 52-week high, while its distance from the 52-week low is 23.56%. The stock’s price range during this period has fluctuated between $66.35 and $90.06. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 1.5 million for the day, which was evidently higher than the average daily volume of 0.39 million over the last three months.
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Financial Performance and Market Capitalization
Dolby Laboratories Inc (DLB) has experienced a quarterly rise of 14.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.82B and boasts a workforce of 2080 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 74.26, with a change in price of +1.74. Similarly, Dolby Laboratories Inc recorded 435,240 in trading volume during the last 100 days, posting a change of +2.17%.
DLB 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 DLB stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
DLB Stock Stochastic Average
The raw stochastic average for Dolby Laboratories Inc over the last 50 days is presently at 96.69%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 96.24%. Further, the company’s Stochastic %K and %D values for the last 20 days were 36.94% and 19.38%, respectively.
DLB 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. Until today this year the stock’s price performance recorded a decrease of -4.87%. However, over the last six months, the performance has been weaker by 1.05%. The price of DLB increased 11.87% over the last 30 days. And in the last five days, it has surged by 11.49%.
