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. Nike, Inc’s current trading price is -32.71% away from its 52-week high, while its distance from the 52-week low is 2.81%. The stock’s price range during this period has varied between $70.32 and $107.43. The company, active in the Consumer Cyclical sector, saw a trading volume of around 3.81 million for the day, considerably lower average daily volume of 11.58 million observed over the last three months.
Nike, Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $107.43 on 02/12/24, while the lowest price during the same period was $70.32 on 01/16/25.
How Financial Performance Impacts Market Capitalization
Nike, Inc (NKE) has experienced a quarterly decline of -13.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 106.93B and boasts a workforce of 79400 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 78.79, with a change in price of -12.24. Similarly, Nike, Inc recorded 12,010,621 in trading volume during the last 100 days, posting a change of -14.52%.
How NKE’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 NKE stands at 0.86. Similarly, the long-term debt-to-equity ratio is also 0.75.
NKE Stock Stochastic Average
As of today, the raw stochastic average of Nike, Inc over the last 50 days is at 15.88%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 21.32%. Further, the company’s Stochastic %K and %D values for the last 20 days were 11.14% and 8.47%, respectively.
NKE Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -4.47%. However, over the past six months, we’ve seen a stronger performance of -0.56%. The price of NKE leaped by -7.32% over the last 30 days. And in the last five days, it has surged by 0.29%.
