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 -0.47%.However, over the last six months, we can see a weaker performance of 39.98%. Over the last 30 days, the price of DBX has fallen by 11.22%. And in the last five days, it has fallen by -2.33%.
Dropbox Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $33.43 on 02/09/24 and the lowest value was $20.68 on 06/20/24.
52-week price history of DBX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Dropbox Inc’s current trading price is -12.23% away from its 52-week high, while its distance from the 52-week low is 41.88%. The stock’s price range during this period has varied between$20.68 and $33.43. The Dropbox Inc’s shares, which operate in the Technology, saw a trading volume of around 4.24 million for the day, a figure considerably higher than their average daily volume of 2.77 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Dropbox Inc (DBX) has experienced a quarterly rise of 19.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.09B and boasts a workforce of 2693 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 25.71, with a change in price of +5.28. Similarly, Dropbox Inc recorded 2,961,782 in trading volume during the last 100 days, posting a change of +21.95%.
DBX Stock Stochastic Average
Dropbox Inc’s raw stochastic average for the past 50 days is presently 72.03%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 62.92%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.83% and 87.83%, respectively.
