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 a decrease of -46.77%. However, over the last six months, the performance has been stronger by -44.51%. The price of IEP decreased -18.16% over the last 30 days. And in the last five days, it has fallen by -6.35%.
Icahn Enterprises L P experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $22.59 on 02/20/24, while the lowest price for the same period was registered at $9.03 on 12/24/24.
52-week price history of IEP Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Icahn Enterprises L P’s current trading price is -59.50% away from its 52-week high, while its distance from the 52-week low is 1.33%. The stock’s price range during this period has varied between$9.03 and $22.59. The Icahn Enterprises L P’s shares, which operate in the Energy, saw a trading volume of around 0.71 million for the day, a figure considerably lower than their average daily volume of 1.03 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Icahn Enterprises L P (IEP) has experienced a quarterly decline of -30.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.61B and boasts a workforce of 15038 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 12.87, with a change in price of -7.21. Similarly, Icahn Enterprises L P recorded 1,265,430 in trading volume during the last 100 days, posting a change of -44.05%.
IEP’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 IEP stands at 2.82. Similarly, the long-term debt-to-equity ratio is also 2.04.
IEP Stock Stochastic Average
As of today, Icahn Enterprises L P’s raw stochastic average for the last 50 days stands at 1.95%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 5.90%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 8.06% and 7.73%, respectively.
