The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Snowflake Inc’s current trading price is -28.08% away from its 52-week high, while its distance from the 52-week low is 59.60%. The stock’s price range for this period has been between $107.13 and $237.72 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.97 million for the day, a number notably lower than the average daily volume of 7.43 million over the last three months.
Snowflake Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $237.72 on 02/12/24, while the lowest price for the same period was registered at $107.13 on 09/06/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Snowflake Inc (SNOW) has experienced a quarterly rise of 54.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 56.44B and boasts a workforce of 7004 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 128.59, with a change in price of +42.04. Similarly, Snowflake Inc recorded 7,230,158 in trading volume during the last 100 days, posting a change of +32.59%.
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 SNOW stands at 0.89. Similarly, the long-term debt-to-equity ratio is also 0.87.
SNOW Stock Stochastic Average
Snowflake Inc’s raw stochastic average for the past 50 days is presently 78.51%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 73.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 73.41% and 73.30%, respectively.
SNOW Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -14.08% this year. Over the last six months, there has been a weaker performance of 34.00%. The price of SNOW fallen by 35.74% during the last 30 days period. For the last 5-days stocks have slided -0.33%.
