The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Zoetis Inc’s current trading price is -17.46% away from its 52-week high, while its distance from the 52-week low is 14.31%. The stock’s price range for this period has been between $144.80 and $200.53 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 2.17 million for the day, a number notably lower than the average daily volume of 2.34 million over the last three months.
Zoetis Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $200.53 on 02/29/24 and a low of $144.80 for the same time frame on 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zoetis Inc (ZTS) has experienced a quarterly decline of -15.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 74.68B and boasts a workforce of 14100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 182.88, with a change in price of -9.30. Similarly, Zoetis Inc recorded 2,160,601 in trading volume during the last 100 days, posting a change of -5.32%.
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 ZTS stands at 1.29. Similarly, the long-term debt-to-equity ratio is also 1.29.
ZTS Stock Stochastic Average
Zoetis Inc’s raw stochastic average for the past 50 days is presently 8.25%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 14.59%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.73% and 10.03%, respectively.
ZTS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -16.14%. However, over the past six months, we’ve seen a stronger performance of -6.20%. The price of ZTS leaped by -7.38% over the last 30 days. And in the last five days, it has fallen by -0.89%.
