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. Eaton Corporation plc’s current trading price is -9.59% away from its 52-week high, while its distance from the 52-week low is 45.55%. The stock’s price range during this period has varied between $236.04 and $379.99. The company, active in the Industrials sector, saw a trading volume of around 1.24 million for the day, considerably lower average daily volume of 1.95 million observed over the last three months.
Eaton Corporation plc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $379.99 on 11/26/24, while the lowest price during the same period was $236.04 on 01/17/24.
How Financial Performance Impacts Market Capitalization
Eaton Corporation plc (ETN) has experienced a quarterly decline of -0.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 135.77B and boasts a workforce of 94000 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 338.35, with a change in price of +42.15. Similarly, Eaton Corporation plc recorded 1,932,321 in trading volume during the last 100 days, posting a change of +14.06%.
How ETN’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 ETN stands at 0.53. Similarly, the long-term debt-to-equity ratio is also 0.49.
ETN Stock Stochastic Average
As of today, the raw stochastic average of Eaton Corporation plc over the last 50 days is at 27.26%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 47.73%. Further, the company’s Stochastic %K and %D values for the last 20 days were 41.05% and 39.70%, respectively.
ETN Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 3.52%. However, over the past six months, we’ve seen a weaker performance of 3.34%. The price of ETN leaped by -4.20% over the last 30 days. And in the last five days, it has fallen by -0.10%.
