Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. First Financial Bancorp’s current trading price is -15.14% away from its 52-week high, while its distance from the 52-week low is 28.51%. The stock’s price range over this period has fluctuated between $20.59 and $31.18. The company, operating within the financial sector, had a trading volume of approximately 0.25 million for the day, which was noticeably lower than the average daily share volume of 0.43 million over the last 3 months.
First Financial Bancorp experienced a rather steady stock market performance. The highest value in the past year was recorded at $31.18 on 11/25/24 and the lowest value was $20.59 on 06/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
First Financial Bancorp (FFBC) has experienced a quarterly rise of 8.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.53B and boasts a workforce of 2165 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 26.69, with a change in price of +1.85. Similarly, First Financial Bancorp recorded 411,077 in trading volume during the last 100 days, posting a change of +7.52%.
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 FFBC stands at 0.50. Similarly, the long-term debt-to-equity ratio is also 0.16.
FFBC Stock Stochastic Average
Today, First Financial Bancorp’s raw stochastic average for the past 50 days stands at 27.72%, indicating a rise from the raw stochastic average of the last 20 days, which was 10.92%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 11.91% and 12.24% respectively.
FFBC Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -1.56%. However, over the past six months, we’ve seen a weaker performance of 17.97%. The price of FFBC leaped by -8.95% over the last 30 days. And in the last five days, it has fallen by -1.56%.
