Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Macy’s Inc’s current trading price is -23.89% away from its 52-week high, while its distance from the 52-week low is 19.63%. The stock’s price range during this period has varied between $14.06 and $22.10. The company, active in the Consumer Cyclical sector, saw a trading volume of around 2.31 million for the day, considerably lower average daily volume of 5.81 million observed over the last three months.
Macy’s Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $22.10 on 03/19/24, while the lowest price during the same period was $14.06 on 09/11/24.
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How Financial Performance Impacts Market Capitalization
Macy’s Inc (M) has experienced a quarterly rise of 13.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.72B and boasts a workforce of 85581 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.70, with a change in price of +0.89. Similarly, Macy’s Inc recorded 6,012,497 in trading volume during the last 100 days, posting a change of +5.59%.
How M’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for M stands at 1.40. Similarly, the long-term debt-to-equity ratio is also 1.38.
M Stock Stochastic Average
As of today, the raw stochastic average of Macy’s Inc over the last 50 days is at 83.09%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 82.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 72.93% and 62.26%, respectively.
M Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -16.50%. However, over the past six months, we’ve seen a stronger performance of -11.90%. The price of M fallen by 3.07% over the last 30 days. And in the last five days, it has surged by 0.42%.
