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. Wells Fargo & Co’s current trading price is -9.73% away from its 52-week high, while its distance from the 52-week low is 52.93%. The stock’s price range during this period has varied between $46.12 and $78.13. The company, active in the Financial sector, saw a trading volume of around 10.44 million for the day, considerably lower average daily volume of 17.41 million observed over the last three months.
The stock market performance of Wells Fargo & Co has been very steady. Over the last year, the company’s stock hit its highest at $78.13 on 11/26/24, while the lowest price during the same time frame was $46.12, recorded on 01/18/24.
How Financial Performance Impacts Market Capitalization
Wells Fargo & Co (WFC) has experienced a quarterly rise of 22.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 234.83B and boasts a workforce of 226000 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 64.77, with a change in price of +14.08. Similarly, Wells Fargo & Co recorded 17,190,354 in trading volume during the last 100 days, posting a change of +24.94%.
How WFC’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 WFC stands at 1.63. Similarly, the long-term debt-to-equity ratio is also 1.00.
WFC Stock Stochastic Average
As of today, the raw stochastic average of Wells Fargo & Co over the last 50 days is at 49.60%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 41.38%. Further, the company’s Stochastic %K and %D values for the last 20 days were 43.67% and 50.27%, respectively.
WFC Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 0.41%. However, over the past six months, we’ve seen a weaker performance of 24.74%. The price of WFC leaped by -2.11% over the last 30 days. And in the last five days, it has fallen by -1.09%.
