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Foot Locker Inc (FL) Stock: Navigating Drops and Gains

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Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Foot Locker Inc’s current trading price is -36.97% away from its 52-week high, while its distance from the 52-week low is 9.62%. The stock’s price range during this period has varied between $20.47 and $35.60. The company, active in the Consumer Cyclical sector, saw a trading volume of around 2.89 million for the day, considerably lower average daily volume of 3.14 million observed over the last three months.

The market performance of Foot Locker Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $35.60 on 02/23/24, with the lowest value for the same timeframe being $20.47, recorded on 05/01/24.

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How Financial Performance Impacts Market Capitalization

Foot Locker Inc (FL) has experienced a quarterly decline of -31.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.13B and boasts a workforce of 46846 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 26.29, with a change in price of -0.68. Similarly, Foot Locker Inc recorded 2,866,780 in trading volume during the last 100 days, posting a change of -2.94%.

How FL’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 FL stands at 1.01. Similarly, the long-term debt-to-equity ratio is also 0.83.

FL Stock Stochastic Average

As of today, the raw stochastic average of Foot Locker Inc over the past 50 days is 10.64%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 20.00%. Additionally, the Stochastic %K and %D values for the company were 16.39% and 19.78%, respectively, over the past 20 days.

FL Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant loss of -27.96% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -1.67%. Over the past 30 days, the price of FL has leaped by -5.36%. And in the last five days, it has fallen by -7.73%.

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