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. Wells Fargo & Co’s current trading price is -9.88% away from its 52-week high, while its distance from the 52-week low is 52.67%. The stock’s price range during this period has varied between $46.12 and $78.13. The company, active in the Financial sector, saw a trading volume of around 8.44 million for the day, considerably lower average daily volume of 17.36 million observed over the last three months.
Wells Fargo & Co’s stock has had a calm market performance. The 1-year high for the company’s stock was $78.13 on 11/26/24, and the lowest price during the same period was recorded at $46.12 on 01/18/24.
How Financial Performance Impacts Market Capitalization
Wells Fargo & Co (WFC) has experienced a quarterly rise of 24.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 232.31B and boasts a workforce of 226000 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 63.40, with a change in price of +18.12. Similarly, Wells Fargo & Co recorded 17,439,438 in trading volume during the last 100 days, posting a change of +34.65%.
How WFC’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 WFC stands at 1.63. Similarly, the long-term debt-to-equity ratio is also 1.00.
WFC Stock Stochastic Average
As of today, the raw stochastic average of Wells Fargo & Co over the past 50 days is 48.81%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 21.58%. Additionally, the Stochastic %K and %D values for the company were 27.17% and 29.86%, respectively, over the past 20 days.
WFC Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 43.05% this year. Over the last six months, there has been a weaker performance of 16.21%. The price of WFC leaped by -8.81% during the last 30 days period. For the last 5-days stocks have improved 0.10%.
