A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 20.95% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -2.06%. Over the past 30 days, the price of GOOGL has leaped by -3.16%. And in the last five days, it has surged by 0.79%.
Alphabet Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $191.75 on 07/10/24, while the lowest value for the same period was recorded at $127.90 on 12/04/23.
52-week price history of GOOGL Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Alphabet Inc’s current trading price is -11.89% away from its 52-week high, while its distance from the 52-week low is 32.10%. The stock’s price range during this period has varied between$127.90 and $191.75. The Alphabet Inc’s shares, which operate in the Communication Services, saw a trading volume of around 14.26 million for the day, a figure considerably lower than their average daily volume of 25.85 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Alphabet Inc (GOOGL) has experienced a quarterly rise of 3.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2073.20B and boasts a workforce of 182502 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 166.97, with a change in price of -22.23. Similarly, Alphabet Inc recorded 25,921,902 in trading volume during the last 100 days, posting a change of -11.63%.
GOOGL’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 GOOGL stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.08.
GOOGL Stock Stochastic Average
Alphabet Inc’s raw stochastic average for the past 50 days is presently 40.48%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 27.94%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 28.93% and 28.20%, respectively.
