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. Ribbon Communications Inc’s current trading price is -8.55% away from its 52-week high, while its distance from the 52-week low is 62.68%. The stock’s price range during this period has varied between $2.46 and $4.39. The company, active in the Communication Services sector, saw a trading volume of around 0.26 million for the day, considerably lower average daily volume of 0.36 million observed over the last three months.
Ribbon Communications Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $4.39 on 12/23/24, and the lowest price during that time was $2.46, recorded on 04/22/24.
How Financial Performance Impacts Market Capitalization
Ribbon Communications Inc (RBBN) has experienced a quarterly rise of 25.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 703.28M and boasts a workforce of 3107 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 3.59, with a change in price of +0.90. Similarly, Ribbon Communications Inc recorded 314,709 in trading volume during the last 100 days, posting a change of +28.94%.
How RBBN’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 RBBN stands at 0.96. Similarly, the long-term debt-to-equity ratio is also 0.92.
RBBN Stock Stochastic Average
As of today, the raw stochastic average of Ribbon Communications Inc over the past 50 days is 55.36%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 35.34%. Additionally, the Stochastic %K and %D values for the company were 38.22% and 38.60%, respectively, over the past 20 days.
RBBN 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 -3.61%. However, over the past six months, we’ve seen a weaker performance of 23.38%. The price of RBBN fallen by 2.82% over the last 30 days. And in the last five days, it has fallen by -3.61%.