Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 0.74% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 0.42%. Over the past 30 days, the price of ASTE has leaped by -7.29%. And in the last five days, it has surged by 7.82%.
Astec Industries Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $44.74 on 04/08/24 and the lowest value was $28.46 on 07/09/24.
52-week price history of ASTE Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Astec Industries Inc’s current trading price is -24.34% away from its 52-week high, while its distance from the 52-week low is 18.94%. The stock’s price range during this period has varied between$28.46 and $44.74. The Astec Industries Inc’s shares, which operate in the Industrials, saw a trading volume of around 0.23 million for the day, a figure considerably higher than their average daily volume of 0.16 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Astec Industries Inc (ASTE) has experienced a quarterly rise of 6.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 771.84M and boasts a workforce of 4322 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 33.70, with a change in price of -0.18. Similarly, Astec Industries Inc recorded 150,257 in trading volume during the last 100 days, posting a change of -0.53%.
ASTE’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 ASTE stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.16.
ASTE Stock Stochastic Average
As of today, Astec Industries Inc’s raw stochastic average for the last 50 days stands at 33.87%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 52.67%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 46.43% and 34.65%, respectively.
