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Chegg Inc Inc. (CHGG) Price Performance and Its Relation to the Tech Industry

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -82.31% this year. Over the last six months, there has been a stronger performance of -45.53%. The price of CHGG fallen by 24.07% during the last 30 days period. For the last 5-days stocks have improved 16.86%.

Chegg Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $11.48 on 12/28/23 and the lowest value was $1.34 on 11/13/24.

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52-week price history of CHGG Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Chegg Inc’s current trading price is -82.49% away from its 52-week high, while its distance from the 52-week low is 49.99%. The stock’s price range during this period has varied between$1.34 and $11.48. The Chegg Inc’s shares, which operate in the Consumer Defensive, saw a trading volume of around 4.55 million for the day, a figure considerably higher than their average daily volume of 3.75 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Chegg Inc (CHGG) has experienced a quarterly decline of -11.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 234.12M and boasts a workforce of 1979 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.13, with a change in price of -0.87. Similarly, Chegg Inc recorded 3,911,898 in trading volume during the last 100 days, posting a change of -30.21%.

CHGG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CHGG stands at 3.38. Similarly, the long-term debt-to-equity ratio is also 1.44.

CHGG Stock Stochastic Average

Chegg Inc’s raw stochastic average for the past 50 days is presently 98.53%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 98.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 81.69% and 71.48%, respectively.

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