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LUV’s Stock Market Puzzle: Piecing Together 2023’s Performance

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A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -2.86% this year. Over the last six months, there has been a weaker performance of 18.63%. The price of LUV leaped by -2.33% during the last 30 days period. For the last 5-days stocks have slided -2.83%.

Southwest Airlines Co ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $36.12 on 12/05/24, while the lowest value for the same period was recorded at $23.58 on 08/05/24.

52-week price history of LUV Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Southwest Airlines Co’s current trading price is -9.58% away from its 52-week high, while its distance from the 52-week low is 38.51%. The stock’s price range during this period has varied between$23.58 and $36.12. The Southwest Airlines Co’s shares, which operate in the Industrials, saw a trading volume of around 7.56 million for the day, a figure considerably higher than their average daily volume of 6.83 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Southwest Airlines Co (LUV) has experienced a quarterly rise of 7.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.59B and boasts a workforce of 74806 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 31.11, with a change in price of +5.93. Similarly, Southwest Airlines Co recorded 7,605,969 in trading volume during the last 100 days, posting a change of +22.18%.

LUV’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for LUV stands at 0.87. Similarly, the long-term debt-to-equity ratio is also 0.57.

LUV Stock Stochastic Average

As of today, Southwest Airlines Co’s raw stochastic average for the last 50 days stands at 44.37%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 22.22%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 32.30% and 32.49%, respectively.

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