The market performance of Analog Devices Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $244.14 on 07/17/24, while the lowest value for the same duration was $182.57 on 04/19/24.
52-week price history of ADI Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Analog Devices Inc’s current trading price is -10.62% away from its 52-week high, while its distance from the 52-week low is 19.53%. The stock’s price range during the 52-week period has remained between $182.57 and $244.14. In the Technology sector, the company’s shares saw a trading volume of around 3.27 million for the day, which was evidently higher than the average daily volume of 3.03 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Analog Devices Inc (ADI) has experienced a quarterly decline of -7.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 108.26B and boasts a workforce of 24000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 221.77, with a change in price of -9.28. Similarly, Analog Devices Inc recorded 2,926,557 in trading volume during the last 100 days, posting a change of -4.08%.
Examining ADI’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ADI stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.20.
ADI Stock Stochastic Average
Analog Devices Inc’s raw stochastic average for the past 50 days is presently 45.54%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 78.92%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 60.15% and 55.97%, respectively.
ADI 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. This year’s metric has recorded a Price increase of 2.71%. However, over the past six months, we’ve seen a stronger performance of -10.32%. The price of ADI fallen by 0.23% over the last 30 days. And in the last five days, it has surged by 1.09%.
