The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Best Buy Co. Inc’s current trading price is -20.73% away from its 52-week high, while its distance from the 52-week low is 18.65%. The stock’s price range for this period has been between $69.29 and $103.71 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 2.35 million for the day, a number notably lower than the average daily volume of 3.04 million over the last three months.
Best Buy Co. Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $103.71 on 08/29/24, while the lowest price for the same period was registered at $69.29 on 05/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Best Buy Co. Inc (BBY) has experienced a quarterly decline of -15.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.58B and boasts a workforce of 85000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 92.15, with a change in price of -3.54. Similarly, Best Buy Co. Inc recorded 3,009,421 in trading volume during the last 100 days, posting a change of -4.13%.
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 BBY stands at 1.32. Similarly, the long-term debt-to-equity ratio is also 1.12.
BBY Stock Stochastic Average
Best Buy Co. Inc’s raw stochastic average for the past 50 days is presently 4.39%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 7.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.54% and 11.31%, respectively.
BBY Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -4.18% this year. Over the last six months, there has been a stronger performance of -7.79%. The price of BBY leaped by -6.15% during the last 30 days period. For the last 5-days stocks have slided -2.35%.
