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. Conagra Brands Inc’s current trading price is -16.13% away from its 52-week high, while its distance from the 52-week low is 6.37%. The stock’s price range over this period has fluctuated between $26.21 and $33.24. The company, operating within the financial sector, had a trading volume of approximately 6.18 million for the day, which was noticeably higher than the average daily share volume of 5.05 million over the last 3 months.
Conagra Brands Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $33.24 on 09/10/24 and the lowest value was $26.21 on 11/15/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Conagra Brands Inc (CAG) has experienced a quarterly decline of -14.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.31B and boasts a workforce of 18500 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.81, with a change in price of -2.06. Similarly, Conagra Brands Inc recorded 4,883,767 in trading volume during the last 100 days, posting a change of -6.88%.
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 CAG stands at 1.01. Similarly, the long-term debt-to-equity ratio is also 0.86.
CAG Stock Stochastic Average
Today, Conagra Brands Inc’s raw stochastic average for the past 50 days stands at 39.20%, indicating a decline from the raw stochastic average of the last 20 days, which was 65.24%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 70.52% and 72.16% respectively.
CAG Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -2.72%. However, over the past six months, we’ve seen a stronger performance of -2.76%. The price of CAG fallen by 4.42% over the last 30 days. And in the last five days, it has surged by 0.14%.
