Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Equitable Holdings Inc’s current trading price is -7.96% away from its 52-week high, while its distance from the 52-week low is 46.38%. The stock’s price range during this period has varied between $31.76 and $50.51. The company, active in the Financial sector, saw a trading volume of around 1.17 million for the day, considerably lower average daily volume of 2.35 million observed over the last three months.
Equitable Holdings Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $50.51 on 11/06/24, and the lowest price during that time was $31.76, recorded on 02/01/24.
How Financial Performance Impacts Market Capitalization
Equitable Holdings Inc (EQH) has experienced a quarterly rise of 9.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.57B and boasts a workforce of 8500 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 43.70, with a change in price of +3.55. Similarly, Equitable Holdings Inc recorded 2,255,608 in trading volume during the last 100 days, posting a change of +8.28%.
How EQH’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for EQH stands at 1.19. Similarly, the long-term debt-to-equity ratio is also 1.19.
EQH Stock Stochastic Average
As of today, the raw stochastic average of Equitable Holdings Inc over the past 50 days is 48.21%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 19.51%. Additionally, the Stochastic %K and %D values for the company were 29.11% and 37.26%, respectively, over the past 20 days.
EQH Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 39.61%. However, over the past six months, we’ve seen a weaker performance of 13.25%. The price of EQH leaped by -1.34% over the last 30 days. And in the last five days, it has fallen by -1.46%.