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. Plains All American Pipeline LP’s current trading price is -8.40% away from its 52-week high, while its distance from the 52-week low is 21.44%. The stock’s price range during this period has varied between $14.46 and $19.17. The company, active in the Energy sector, saw a trading volume of around 3.33 million for the day, considerably higher average daily volume of 2.48 million observed over the last three months.
Plains All American Pipeline LP’s stock has had a calm market performance. The 1-year high for the company’s stock was $19.17 on 07/22/24, and the lowest price during the same period was recorded at $14.46 on 12/13/23.
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How Financial Performance Impacts Market Capitalization
Plains All American Pipeline LP (PAA) has experienced a quarterly decline of -0.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.36B and boasts a workforce of 4200 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 17.65, with a change in price of -0.47. Similarly, Plains All American Pipeline LP recorded 2,469,599 in trading volume during the last 100 days, posting a change of -2.61%.
How PAA’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 PAA stands at 0.81. Similarly, the long-term debt-to-equity ratio is also 0.73.
PAA Stock Stochastic Average
As of today, the raw stochastic average of Plains All American Pipeline LP over the past 50 days is 69.59%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 73.37%. Additionally, the Stochastic %K and %D values for the company were 69.38% and 63.04%, respectively, over the past 20 days.
PAA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 15.91%.However, over the last six months, we can see a weaker performance of 1.97%. Over the last 30 days, the price of PAA has fallen by 2.63%. And in the last five days, it has surged by 3.60%.