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. Flex Ltd’s current trading price is -9.91% away from its 52-week high, while its distance from the 52-week low is 104.20%. The stock’s price range over this period has fluctuated between $18.74 and $42.47. The company, operating within the financial sector, had a trading volume of approximately 0.66 million for the day, which was noticeably lower than the average daily share volume of 4.64 million over the last 3 months.
Flex Ltd ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $42.47 on 11/25/24, while the lowest value for the same period was recorded at $18.74 on 01/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Flex Ltd (FLEX) has experienced a quarterly rise of 28.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.84B and boasts a workforce of 148115 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 34.03, with a change in price of +6.52. Similarly, Flex Ltd recorded 4,042,254 in trading volume during the last 100 days, posting a change of +20.53%.
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 FLEX stands at 0.84. Similarly, the long-term debt-to-equity ratio is also 0.73.
FLEX Stock Stochastic Average
Today, Flex Ltd’s raw stochastic average for the past 50 days stands at 55.75%, indicating a rise from the raw stochastic average of the last 20 days, which was 29.09%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 27.96% and 26.63% respectively.
FLEX 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 72.69% this year. Over the last six months, there has been a weaker performance of 22.40%. The price of FLEX fallen by 1.06% during the last 30 days period. For the last 5-days stocks have slided -1.10%.
