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Linde Plc’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

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Linde Plc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $487.49 on 10/17/24, while the lowest value for the same period was recorded at $396.07 on 02/05/24.

52-week price history of LIN Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Linde Plc’s current trading price is -10.52% away from its 52-week high, while its distance from the 52-week low is 10.14%. The stock’s price range during this period has spanned from $396.07 to $487.49. In the Basic Materials sector, the Linde Plc’s shares surpassed a trading volume of approximately 0.68 million for the day, which was noticeably lower compared to the average daily volume of 9.1.76 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Linde Plc (LIN) has experienced a quarterly decline of -8.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 207.71B and boasts a workforce of 66323 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 462.46, with a change in price of -8.01. Similarly, Linde Plc recorded 1,652,573 in trading volume during the last 100 days, posting a change of -1.80%.

Examining LIN’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LIN stands at 0.57. Similarly, the long-term debt-to-equity ratio is also 0.45.

LIN Stock Stochastic Average

Today’s raw stochastic average for Linde Plc over the last 50 days is 4.72%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 8.93%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 9.10% and 14.76%, respectively.

LIN Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 6.21%.However, over the last six months, we can see a stronger performance of -0.17%. Over the last 30 days, the price of LIN has leaped by -4.39%. And in the last five days, it has fallen by -2.94%.

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