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. Celanese Corp’s current trading price is -60.01% away from its 52-week high, while its distance from the 52-week low is 1.79%. The stock’s price range over this period has fluctuated between $67.64 and $172.16. The company, operating within the financial sector, had a trading volume of approximately 2.01 million for the day, which was noticeably higher than the average daily share volume of 1.97 million over the last 3 months.
In terms of market performance, Celanese Corp had a fairly uneven. The highest value for the stock in the past year was $172.16 on 03/28/24, and the lowest value was recorded at $67.64 on 12/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Celanese Corp (CE) has experienced a quarterly decline of -44.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.53B and boasts a workforce of 12410 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 115.33, with a change in price of -70.00. Similarly, Celanese Corp recorded 1,596,667 in trading volume during the last 100 days, posting a change of -50.41%.
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 CE stands at 1.83. Similarly, the long-term debt-to-equity ratio is also 1.60.
CE Stock Stochastic Average
Today’s raw stochastic average for Celanese Corp over the last 50 days is 1.74%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 12.36%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 8.27% and 11.05%, respectively.
CE Stock Price Performance Analysis
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. This year’s metric has recorded a Price decrease of -55.69%. However, over the past six months, we’ve seen a stronger performance of -52.23%. The price of CE leaped by -9.06% over the last 30 days. And in the last five days, it has fallen by -0.85%.
