The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Pinterest Inc’s current trading price is -32.37% away from its 52-week high, while its distance from the 52-week low is 13.18%. The stock’s price range for this period has been between $27.00 and $45.19 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 3.48 million for the day, a number notably lower than the average daily volume of 9.11 million over the last three months.
Pinterest Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $45.19 on 06/25/24, while the lowest value for the same period was recorded at $27.00 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Pinterest Inc (PINS) has experienced a quarterly decline of -2.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.65B and boasts a workforce of 4014 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 32.29, with a change in price of -11.63. Similarly, Pinterest Inc recorded 10,042,166 in trading volume during the last 100 days, posting a change of -27.61%.
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 PINS stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.05.
PINS Stock Stochastic Average
As of today, Pinterest Inc’s raw stochastic average for the last 50 days stands at 38.10%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 38.10%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 36.41% and 36.97%, respectively.
PINS Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -17.50%. However, over the last six months, the performance has been stronger by -25.83%. The price of PINS decreased -3.88% over the last 30 days. And in the last five days, it has surged by 1.79%.
