The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Linde Plc’s current trading price is -13.93% away from its 52-week high, while its distance from the 52-week low is 5.94%. The stock’s price range for this period has been between $396.07 and $487.49 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 2.95 million for the day, a number notably higher than the average daily volume of 1.88 million over the last three months.
In terms of market performance, Linde Plc had a fairly even. The highest value for the stock in the past year was $487.49 on 10/17/24, and the lowest value was recorded at $396.07 on 02/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Linde Plc (LIN) has experienced a quarterly decline of -11.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 199.79B and boasts a workforce of 66323 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 461.50, with a change in price of -31.26. Similarly, Linde Plc recorded 1,745,800 in trading volume during the last 100 days, posting a change of -6.93%.
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 LIN stands at 0.57. Similarly, the long-term debt-to-equity ratio is also 0.45.
LIN Stock Stochastic Average
As of today, Linde Plc’s raw stochastic average for the last 50 days stands at 0.82%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 1.31%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 4.57% and 5.76%, respectively.
LIN 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. The metric has seen a significant gain of 2.16% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -5.23%. Over the past 30 days, the price of LIN has leaped by -5.51%. And in the last five days, it has fallen by -4.31%.
