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SNV’s Stochastic Averages Dip: Analyzing Synovus Financial Corp’s Stock Performance

The market performance of Synovus Financial Corp has been somewhat stable. Over the past year, the company’s stock achieved a high of $59.92 on 11/25/24, with the lowest value for the same timeframe being $33.44, recorded on 04/19/24.

52-week price history of SNV Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Synovus Financial Corp’s current trading price is -14.24% away from its 52-week high, while its distance from the 52-week low is 53.68%. The stock’s price range for this period has remained between $33.44 and $59.92. The Financial sector company’s shares managed to surpass a trading volume of around 0.25 million for the day, which was noticeably lower compared to the shares’ average daily volume of 1.43 million over the last three months.

Financial Performance and Market Capitalization

Synovus Financial Corp (SNV) has experienced a quarterly rise of 18.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.28B and boasts a workforce of 4879 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 48.59, with a change in price of +9.42. Similarly, Synovus Financial Corp recorded 1,342,135 in trading volume during the last 100 days, posting a change of +22.44%.

SNV Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SNV stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.38.

SNV Stock Stochastic Average

As of today, the raw stochastic average of Synovus Financial Corp over the past 50 days is 36.15%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 22.98%. Additionally, the Stochastic %K and %D values for the company were 16.90% and 10.67%, respectively, over the past 20 days.

SNV Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. This year’s metric has recorded a Price increase of 36.49%. However, over the past six months, we’ve seen a weaker performance of 36.24%. The price of SNV leaped by -10.81% over the last 30 days. And in the last five days, it has fallen by -3.69%.

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