The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Southwest Airlines Co’s current trading price is -6.65% away from its 52-week high, while its distance from the 52-week low is 39.28%. The stock’s price range for this period has been between $23.58 and $35.18 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 2.38 million for the day, a number notably lower than the average daily volume of 7.62 million over the last three months.
Southwest Airlines Co experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $35.18 on 02/22/24, while the lowest price for the same period was registered at $23.58 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Southwest Airlines Co (LUV) has experienced a quarterly rise of 11.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.70B and boasts a workforce of 74806 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.21, with a change in price of +5.86. Similarly, Southwest Airlines Co recorded 8,854,715 in trading volume during the last 100 days, posting a change of +21.71%.
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 LUV stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.57.
LUV Stock Stochastic Average
Southwest Airlines Co’s raw stochastic average for the past 50 days is presently 93.22%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 90.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 80.46% and 75.91%, respectively.
LUV Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 13.72% this year. Over the last six months, there has been a weaker performance of 18.61%. The price of LUV fallen by 7.40% during the last 30 days period. For the last 5-days stocks have improved 2.73%.
