Elastic N.V ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $136.06 on 02/29/24, while the lowest value for the same period was recorded at $69.00 on 09/09/24.
52-week price history of ESTC Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Elastic N.V’s current trading price is -31.28% away from its 52-week high, while its distance from the 52-week low is 35.51%. The stock’s price range during the 52-week period has remained between $69.00 and $136.06. In the Technology sector, the company’s shares saw a trading volume of around 1.31 million for the day, which was evidently lower than the average daily volume of 1.35 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Elastic N.V (ESTC) has experienced a quarterly decline of -11.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.61B and boasts a workforce of 3187 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 92.18, with a change in price of -21.16. Similarly, Elastic N.V recorded 1,210,167 in trading volume during the last 100 days, posting a change of -18.45%.
Examining ESTC’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 ESTC stands at 0.78. Similarly, the long-term debt-to-equity ratio is also 0.76.
ESTC Stock Stochastic Average
As of today, Elastic N.V’s raw stochastic average for the last 50 days stands at 98.15%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 97.59%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 80.62% and 70.16%, respectively.
ESTC 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. This year’s metric has recorded a Price decrease of -17.04%. However, over the past six months, we’ve seen a stronger performance of -11.83%. The price of ESTC fallen by 20.47% over the last 30 days. And in the last five days, it has surged by 4.79%.
