Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Albemarle Corp’s current trading price is -33.17% away from its 52-week high, while its distance from the 52-week low is 42.57%. The stock’s price range over this period has fluctuated between $71.97 and $153.54. The company, operating within the financial sector, had a trading volume of approximately 2.51 million for the day, which was noticeably higher than the average daily share volume of 2.46 million over the last 3 months.
Albemarle Corp’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $153.54 on 12/22/23 and a low of $71.97 for the same time frame on 08/14/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Albemarle Corp (ALB) has experienced a quarterly rise of 24.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.06B and boasts a workforce of 9000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 93.64, with a change in price of +7.12. Similarly, Albemarle Corp recorded 2,670,934 in trading volume during the last 100 days, posting a change of +7.46%.
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 ALB stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.36.
ALB Stock Stochastic Average
Today’s raw stochastic average for Albemarle Corp over the last 50 days is 64.00%.This indicates a increase from the raw stochastic average of the past 20 days, which was 50.60%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 78.04% and 83.53%, respectively.
ALB 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 metric has seen a significant loss of -28.98% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -13.52%. Over the past 30 days, the price of ALB has fallen by 2.03%. And in the last five days, it has fallen by -3.91%.
