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. Until today this year the stock’s price performance recorded an increase of 66.29%. However, over the last six months, the performance has been weaker by 57.77%. The price of ALK increased 22.40% over the last 30 days. And in the last five days, it has surged by 2.44%.
Alaska Air Group Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $65.62 on 12/12/24, while the lowest price for the same period was registered at $32.62 on 08/06/24.
52-week price history of ALK Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Alaska Air Group Inc’s current trading price is -0.99% away from its 52-week high, while its distance from the 52-week low is 99.17%. The stock’s price range during this period has varied between$32.62 and $65.62. The Alaska Air Group Inc’s shares, which operate in the Industrials, saw a trading volume of around 3.07 million for the day, a figure considerably higher than their average daily volume of 2.48 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Alaska Air Group Inc (ALK) has experienced a quarterly rise of 62.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.25B and boasts a workforce of 26043 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 45.18, with a change in price of +26.44. Similarly, Alaska Air Group Inc recorded 2,454,543 in trading volume during the last 100 days, posting a change of +68.62%.
ALK’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ALK stands at 1.37. Similarly, the long-term debt-to-equity ratio is also 1.21.
ALK Stock Stochastic Average
As of today, Alaska Air Group Inc’s raw stochastic average for the last 50 days stands at 97.21%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 95.29%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 84.93% and 82.52%, respectively.
