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. Chewy Inc’s current trading price is -14.58% away from its 52-week high, while its distance from the 52-week low is 127.44%. The stock’s price range during this period has varied between $14.69 and $39.10. The company, active in the Consumer Cyclical sector, saw a trading volume of around 1.66 million for the day, considerably lower average daily volume of 5.6 million observed over the last three months.
Chewy Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $39.10 on 06/27/24, and the lowest price during that time was $14.69, recorded on 04/25/24.
How Financial Performance Impacts Market Capitalization
Chewy Inc (CHWY) has experienced a quarterly rise of 15.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.65B and boasts a workforce of 18100 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 30.12, with a change in price of +9.75. Similarly, Chewy Inc recorded 6,078,548 in trading volume during the last 100 days, posting a change of +40.95%.
How CHWY’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 CHWY stands at 2.43. Similarly, the long-term debt-to-equity ratio is also 2.29.
CHWY Stock Stochastic Average
As of today, the raw stochastic average of Chewy Inc over the past 50 days is 75.91%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 65.36%. Additionally, the Stochastic %K and %D values for the company were 64.52% and 68.25%, respectively, over the past 20 days.
CHWY Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -0.27%. However, over the past six months, we’ve seen a weaker performance of 38.59%. The price of CHWY leaped by -0.68% over the last 30 days. And in the last five days, it has fallen by -4.60%.
