The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Smartsheet Inc’s current trading price is -0.87% away from its 52-week high, while its distance from the 52-week low is 57.83%. The stock’s price range for this period has been between $35.52 and $56.55 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.74 million for the day, a number notably lower than the average daily volume of 3.04 million over the last three months.
Smartsheet Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $56.55 on 10/28/24, while the lowest price for the same period was registered at $35.52 on 03/15/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Smartsheet Inc (SMAR) has experienced a quarterly rise 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 7.85B and boasts a workforce of 3330 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 54.13, with a change in price of +9.64. Similarly, Smartsheet Inc recorded 3,406,671 in trading volume during the last 100 days, posting a change of +20.77%.
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 SMAR stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.03.
SMAR Stock Stochastic Average
Smartsheet Inc’s raw stochastic average for the past 50 days is presently 42.35%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 55.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.15% and 42.80%, respectively.
SMAR 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 0.05% this year. Over the last six months, there has been a weaker performance of 29.74%. The price of SMAR leaped by -0.07% during the last 30 days period. For the last 5-days stocks have improved 0.11%.
