logo

The Significance of Moving Averages in Wells Fargo & Co Inc. (WFC) Price Performance

ALXO Stock

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 56.62%.However, over the last six months, we can see a weaker performance of 28.65%. Over the last 30 days, the price of WFC has fallen by 17.86%. And in the last five days, it has surged by 3.02%.

Wells Fargo & Co’s stock has had a calm market performance. The 1-year high for the company’s stock was $78.13 on 11/26/24, and the lowest price during the same period was recorded at $42.79 on 11/30/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of WFC Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Wells Fargo & Co’s current trading price is -1.33% away from its 52-week high, while its distance from the 52-week low is 80.16%. The stock’s price range over this timeframe has been between $42.79 and $78.13. The shares of the Financial sector company recorded a trading volume of approximately 2.46 million for the day, which was comparatively lower than the average daily volume of 18.8 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Wells Fargo & Co (WFC) has experienced a quarterly rise of 31.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 256.67B and boasts a workforce of 226000 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 60.65, with a change in price of +17.48. Similarly, Wells Fargo & Co recorded 17,956,518 in trading volume during the last 100 days, posting a change of +29.27%.

WFC’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for WFC stands at 1.63. Similarly, the long-term debt-to-equity ratio is also 1.00.

WFC Stock Stochastic Average

Wells Fargo & Co’s raw stochastic average for the past 50 days is currently at 96.25%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 93.83%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.88% and 94.46%, respectively.

Most Popular