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. TriNet Group Inc’s current trading price is -33.03% away from its 52-week high, while its distance from the 52-week low is 21.35%. The stock’s price range over this period has fluctuated between $74.32 and $134.67. The company, operating within the financial sector, had a trading volume of approximately 0.26 million for the day, which was noticeably lower than the average daily share volume of 0.38 million over the last 3 months.
The market performance of TriNet Group Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $134.67 on 04/04/24, while the lowest value for the same duration was $74.32 on 10/25/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
TriNet Group Inc (TNET) has experienced a quarterly decline of -6.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.47B and boasts a workforce of 3600 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 93.94, with a change in price of -5.43. Similarly, TriNet Group Inc recorded 333,312 in trading volume during the last 100 days, posting a change of -5.68%.
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 TNET stands at 8.63. Similarly, the long-term debt-to-equity ratio is also 7.93.
TNET Stock Stochastic Average
Today’s raw stochastic average for TriNet Group Inc over the last 50 days is 57.92%.This indicates a increase from the raw stochastic average of the past 20 days, which was 31.64%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 30.35% and 32.48%, respectively.
TNET Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -0.64%. However, over the last six months, the performance has been stronger by -7.09%. The price of TNET decreased -4.75% over the last 30 days. And in the last five days, it has fallen by -0.64%.
