Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Pactiv Evergreen Inc’s current trading price is -0.97% away from its 52-week high, while its distance from the 52-week low is 97.51%. The stock’s price range over this period has fluctuated between $8.83 and $17.61. The company, operating within the financial sector, had a trading volume of approximately 0.28 million for the day, which was noticeably lower than the average daily share volume of 0.89 million over the last 3 months.
The market performance of Pactiv Evergreen Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $17.61 on 12/09/24, while the lowest value for the same duration was $8.83 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Pactiv Evergreen Inc (PTVE) has experienced a quarterly rise of 46.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.13B and boasts a workforce of 15000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.40, with a change in price of +7.71. Similarly, Pactiv Evergreen Inc recorded 748,652 in trading volume during the last 100 days, posting a change of +79.24%.
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 PTVE stands at 3.49. Similarly, the long-term debt-to-equity ratio is also 3.42.
PTVE Stock Stochastic Average
Today, Pactiv Evergreen Inc’s raw stochastic average for the past 50 days stands at 97.38%, indicating a rise from the raw stochastic average of the last 20 days, which was 96.35%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 94.29% and 93.47% respectively.
PTVE Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 27.21%. However, over the past six months, we’ve seen a weaker performance of 52.18%. The price of PTVE fallen by 32.12% over the last 30 days. And in the last five days, it has surged by 0.63%.
