The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Park Hotels & Resorts Inc’s current trading price is -22.83% away from its 52-week high, while its distance from the 52-week low is 5.24%. The stock’s price range for this period has been between $12.88 and $17.56 The company’s shares, which are part of the Real Estate sector, had a trading volume of approximately 3.54 million for the day, a number notably higher than the average daily volume of 3.33 million over the last three months.
Park Hotels & Resorts Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $17.56 on 03/22/24, while the lowest price for the same duration was marked at $12.88 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Park Hotels & Resorts Inc (PK) has experienced a quarterly decline of -1.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.80B and boasts a workforce of 90 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.62, with a change in price of -0.75. Similarly, Park Hotels & Resorts Inc recorded 3,044,560 in trading volume during the last 100 days, posting a change of -5.24%.
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 PK stands at 1.28. Similarly, the long-term debt-to-equity ratio is also 1.28.
PK Stock Stochastic Average
As of today, Park Hotels & Resorts Inc’s raw stochastic average for the last 50 days stands at 8.53%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 9.84%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 8.05% and 10.32%, respectively.
PK 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. The index has shown a price loss of -3.70% this year. Over the last six months, there has been a stronger performance of -2.66%. The price of PK leaped by -11.00% during the last 30 days period. For the last 5-days stocks have slided -3.70%.
