logo

PINS’s Market Quandary: Decoding the Ups and Downs of 2023

ELVT Stock

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 loss of -18.20%.However, over the last six months, we can see a stronger performance of -30.87%. Over the last 30 days, the price of PINS has fallen by 3.17%. And in the last five days, it has fallen by -8.35%.

The stock market performance of Pinterest Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $45.19 on 06/25/24, while the lowest price during the same time frame was $27.00, recorded on 08/05/24.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of PINS Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Pinterest Inc’s current trading price is -32.94% away from its 52-week high, while its distance from the 52-week low is 12.22%. The stock’s price range for this period has been between $27.00 and $45.19. The Communication Services sector company’s shares saw a trading volume of about 13.43 million for the day, which was higher than the average daily volume of 9.58 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Pinterest Inc (PINS) has experienced a quarterly rise of 3.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.35B and boasts a workforce of 4014 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 31.40, with a change in price of -7.58. Similarly, Pinterest Inc recorded 10,373,772 in trading volume during the last 100 days, posting a change of -20.01%.

PINS’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for PINS stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.05.

PINS Stock Stochastic Average

As of today, the raw stochastic average of Pinterest Inc over the past 50 days is 35.27%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 40.31%. Additionally, the Stochastic %K and %D values for the company were 47.40% and 57.19%, respectively, over the past 20 days.

Most Popular