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. Edison International’s current trading price is -4.34% away from its 52-week high, while its distance from the 52-week low is 34.47%. The stock’s price range over this period has fluctuated between $63.15 and $88.77. The company, operating within the financial sector, had a trading volume of approximately 2.53 million for the day, which was noticeably higher than the average daily share volume of 2.14 million over the last 3 months.
Edison International ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $88.77 on 09/04/24, while the lowest value for the same period was recorded at $63.15 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Edison International (EIX) has experienced a quarterly decline of -2.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 32.88B and boasts a workforce of 14375 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 83.78, with a change in price of +11.00. Similarly, Edison International recorded 2,053,649 in trading volume during the last 100 days, posting a change of +14.88%.
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 EIX stands at 2.34. Similarly, the long-term debt-to-equity ratio is also 2.13.
EIX Stock Stochastic Average
Today, Edison International’s raw stochastic average for the past 50 days stands at 55.89%, indicating a rise from the raw stochastic average of the last 20 days, which was 53.29%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 50.42% and 58.08% respectively.
EIX Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 18.79% this year. Over the last six months, there has been a weaker performance of 13.99%. The price of EIX fallen by 3.60% during the last 30 days period. For the last 5-days stocks have slided -3.89%.
