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. Turning Point Brands Inc’s current trading price is -12.99% away from its 52-week high, while its distance from the 52-week low is 161.97%. The stock’s price range during this period has varied between $21.98 and $66.18. The company, active in the Consumer Defensive sector, saw a trading volume of around 0.24 million for the day, considerably higher average daily volume of 0.19 million observed over the last three months.
Turning Point Brands Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $66.18 on 12/05/24, while the lowest price during the same period was $21.98 on 02/13/24.
How Financial Performance Impacts Market Capitalization
Turning Point Brands Inc (TPB) has experienced a quarterly rise of 32.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.02B and boasts a workforce of 373 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 50.51, with a change in price of +18.38. Similarly, Turning Point Brands Inc recorded 163,385 in trading volume during the last 100 days, posting a change of +46.89%.
How TPB’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 TPB stands at 1.40. Similarly, the long-term debt-to-equity ratio is also 1.39.
TPB Stock Stochastic Average
As of today, the raw stochastic average of Turning Point Brands Inc over the last 50 days is at 53.91%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 46.62%. Further, the company’s Stochastic %K and %D values for the last 20 days were 36.51% and 29.92%, respectively.
TPB Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -4.19%.However, over the last six months, we can see a weaker performance of 57.11%. Over the last 30 days, the price of TPB has leaped by -5.25%. And in the last five days, it has surged by 4.52%.
