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. Plains GP Holdings LP’s current trading price is -9.25% away from its 52-week high, while its distance from the 52-week low is 15.55%. The stock’s price range over this period has fluctuated between $15.78 and $20.10. The company, operating within the financial sector, had a trading volume of approximately 0.84 million for the day, which was noticeably lower than the average daily share volume of 1.5 million over the last 3 months.
Plains GP Holdings LP experienced a rather steady stock market performance. The highest value in the past year was recorded at $20.10 on 07/22/24 and the lowest value was $15.78 on 02/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Plains GP Holdings LP (PAGP) has experienced a quarterly decline of -1.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.09B and boasts a workforce of 4200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 18.65, with a change in price of +0.34. Similarly, Plains GP Holdings LP recorded 1,405,386 in trading volume during the last 100 days, posting a change of +1.90%.
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 PAGP stands at 5.64. Similarly, the long-term debt-to-equity ratio is also 5.12.
PAGP Stock Stochastic Average
Today, Plains GP Holdings LP’s raw stochastic average for the past 50 days stands at 37.78%, indicating a rise from the raw stochastic average of the last 20 days, which was 18.39%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 27.35% and 25.21% respectively.
PAGP Stock Price Performance Analysis
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. The metric has seen a significant gain of 14.36% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -2.30%. Over the past 30 days, the price of PAGP has leaped by -3.34%. And in the last five days, it has surged by 0.50%.
