Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Worthington Steel Inc’s current trading price is -35.73% away from its 52-week high, while its distance from the 52-week low is 14.28%. The stock’s price range over this period has fluctuated between $26.54 and $47.19. The company, operating within the financial sector, had a trading volume of approximately 0.17 million for the day, which was noticeably lower than the average daily share volume of 0.28 million over the last 3 months.
The market performance of Worthington Steel Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $47.19 on 11/11/24, while the lowest value for the same duration was $26.54 on 01/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Worthington Steel Inc (WS) has experienced a quarterly decline of -12.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.54B and boasts a workforce of 4600 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 36.70, with a change in price of -4.53. Similarly, Worthington Steel Inc recorded 259,635 in trading volume during the last 100 days, posting a change of -12.99%.
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 WS stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.06.
WS Stock Stochastic Average
Today, Worthington Steel Inc’s raw stochastic average for the past 50 days stands at 8.57%, indicating a decline from the raw stochastic average of the last 20 days, which was 13.65%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 14.17% and 11.61% respectively.
WS Stock Price Performance Analysis
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. This year’s metric has recorded a Price decrease of -4.68%. However, over the past six months, we’ve seen a stronger performance of -17.24%. The price of WS leaped by -26.13% over the last 30 days. And in the last five days, it has surged by 4.05%.
