Dropbox Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $33.43 on 02/09/24 and a low of $20.68 for the same time frame on 06/20/24.
52-week price history of DBX Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Dropbox Inc’s current trading price is -11.52% away from its 52-week high, while its distance from the 52-week low is 43.04%. The stock’s price range during this period has spanned from $20.68 to $33.43. In the Technology sector, the Dropbox Inc’s shares surpassed a trading volume of approximately 4.65 million for the day, which was noticeably higher compared to the average daily volume of 9.2.83 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Dropbox Inc (DBX) has experienced a quarterly rise of 17.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.16B and boasts a workforce of 2693 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 26.63, with a change in price of +7.12. Similarly, Dropbox Inc recorded 2,910,328 in trading volume during the last 100 days, posting a change of +31.70%.
DBX Stock Stochastic Average
Today, Dropbox Inc’s raw stochastic average for the past 50 days stands at 76.10%, indicating a rise from the raw stochastic average of the last 20 days, which was 43.82%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 55.91% and 56.05% respectively.
DBX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -1.53%. However, over the last six months, the performance has been weaker by 34.33%. The price of DBX increased 2.96% over the last 30 days. And in the last five days, it has fallen by -2.21%.
