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ABT Stock: A Comprehensive Analysis and Forecast

In terms of market performance, Abbott Laboratories had a fairly even. The highest value for the stock in the past year was $121.64 on 03/08/24, and the lowest value was recorded at $99.71 on 07/18/24.

52-week price history of ABT Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Abbott Laboratories’s current trading price is -6.86% away from its 52-week high, while its distance from the 52-week low is 13.62%. The stock’s price range during this period has spanned from $99.71 to $121.64. In the Healthcare sector, the Abbott Laboratories’s shares surpassed a trading volume of approximately 5.75 million for the day, which was noticeably higher compared to the average daily volume of 9.5.06 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Abbott Laboratories (ABT) has experienced a quarterly decline of -1.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 196.50B and boasts a workforce of 114000 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 114.25, with a change in price of +8.05. Similarly, Abbott Laboratories recorded 5,251,922 in trading volume during the last 100 days, posting a change of +7.65%.

Examining ABT’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 ABT stands at 0.38. Similarly, the long-term debt-to-equity ratio is also 0.32.

ABT Stock Stochastic Average

Today’s raw stochastic average for Abbott Laboratories over the last 50 days is 12.98%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 13.71%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 11.40% and 9.92%, respectively.

ABT Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 2.93% this year. Over the last six months, there has been a weaker performance of 8.94%. The price of ABT leaped by -2.25% during the last 30 days period. For the last 5-days stocks have slided -1.91%.

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