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. Valley National Bancorp’s current trading price is -19.74% away from its 52-week high, while its distance from the 52-week low is 37.64%. The stock’s price range during this period has varied between $6.47 and $11.10. The company, active in the Financial sector, saw a trading volume of around 2.19 million for the day, considerably lower average daily volume of 6.91 million observed over the last three months.
Valley National Bancorp’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $11.10 on 11/25/24, and the lowest price during that time was $6.47, recorded on 06/17/24.
How Financial Performance Impacts Market Capitalization
Valley National Bancorp (VLY) has experienced a quarterly rise of 0.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.97B and boasts a workforce of 3749 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 9.31, with a change in price of +0.91. Similarly, Valley National Bancorp recorded 6,377,695 in trading volume during the last 100 days, posting a change of +11.42%.
How VLY’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 VLY stands at 0.54. Similarly, the long-term debt-to-equity ratio is also 0.52.
VLY Stock Stochastic Average
As of today, the raw stochastic average of Valley National Bancorp over the last 50 days is at 7.86%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 9.32%. Further, the company’s Stochastic %K and %D values for the last 20 days were 13.69% and 11.63%, respectively.
VLY Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price loss of -1.71% this year. Over the last six months, there has been a weaker performance of 32.32%. The price of VLY leaped by -14.54% during the last 30 days period. For the last 5-days stocks have slided -2.36%.