Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Progressive Corp’s current trading price is -0.16% away from its 52-week high, while its distance from the 52-week low is 77.42%. The stock’s price range over this period has fluctuated between $148.48 and $263.85. The company, operating within the financial sector, had a trading volume of approximately 2.28 million for the day, which was noticeably higher than the average daily share volume of 2.2 million over the last 3 months.
Progressive Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $263.85 on 11/11/24, while the lowest value for the same period was recorded at $148.48 on 12/15/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Progressive Corp (PGR) has experienced a quarterly rise of 9.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 154.33B and boasts a workforce of 61432 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 240.33, with a change in price of +52.32. Similarly, Progressive Corp recorded 2,279,057 in trading volume during the last 100 days, posting a change of +24.78%.
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 PGR stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.25.
PGR Stock Stochastic Average
Today, Progressive Corp’s raw stochastic average for the past 50 days stands at 98.32%, indicating a rise from the raw stochastic average of the last 20 days, which was 98.32%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 77.30% and 70.42% respectively.
PGR 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. The index has shown a price gain of 66.13% this year. Over the last six months, there has been a weaker performance of 29.66%. The price of PGR fallen by 6.55% during the last 30 days period. For the last 5-days stocks have improved 2.31%.
