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BNL: Riding the Market Waves of Growth and Decline in 2023

THMO

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 -5.40%.However, over the last six months, we can see a weaker performance of 1.62%. Over the last 30 days, the price of BNL has leaped by -4.40%. And in the last five days, it has fallen by -3.61%.

Broadstone Net Lease Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $19.15 on 09/30/24 and the lowest value was $14.20 on 04/18/24.

52-week price history of BNL Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Broadstone Net Lease Inc’s current trading price is -14.93% away from its 52-week high, while its distance from the 52-week low is 14.68%. The stock’s price range during this period has varied between$14.20 and $19.15. The Broadstone Net Lease Inc’s shares, which operate in the Real Estate, saw a trading volume of around 1.0 million for the day, a figure considerably lower than their average daily volume of 1.06 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Broadstone Net Lease Inc (BNL) has experienced a quarterly decline of -13.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.07B and boasts a workforce of 74 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 17.79, with a change in price of -1.24. Similarly, Broadstone Net Lease Inc recorded 1,053,517 in trading volume during the last 100 days, posting a change of -7.09%.

BNL’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 BNL stands at 0.67. Similarly, the long-term debt-to-equity ratio is also 0.67.

BNL Stock Stochastic Average

Broadstone Net Lease Inc’s raw stochastic average for the past 50 days is presently 24.06%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 34.79%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.16% and 5.94%, respectively.

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