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ROST: Riding the Market Waves of Growth and Decline in 2023

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The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 13.05%.However, over the last six months, we can see a weaker performance of 8.53%. Over the last 30 days, the price of ROST has fallen by 9.93%. And in the last five days, it has surged by 1.01%.

Ross Stores, Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $163.60 on 08/23/24 and the lowest value was $127.53 on 05/02/24.

52-week price history of ROST Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Ross Stores, Inc’s current trading price is -4.37% away from its 52-week high, while its distance from the 52-week low is 22.68%. The stock’s price range during this period has varied between$127.53 and $163.60. The Ross Stores, Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.25 million for the day, a figure considerably lower than their average daily volume of 2.56 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Ross Stores, Inc (ROST) has experienced a quarterly rise of 3.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 51.90B and boasts a workforce of 108000 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 146.46, with a change in price of +7.36. Similarly, Ross Stores, Inc recorded 2,417,133 in trading volume during the last 100 days, posting a change of +4.94%.

ROST’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 ROST stands at 1.09. Similarly, the long-term debt-to-equity ratio is also 0.82.

ROST Stock Stochastic Average

Ross Stores, Inc’s raw stochastic average for the past 50 days is presently 96.52%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 96.52%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.67% and 90.57%, respectively.

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