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. Symbotic Inc’s current trading price is -42.99% away from its 52-week high, while its distance from the 52-week low is 73.93%. The stock’s price range during this period has varied between $17.11 and $52.20. The company, active in the Industrials sector, saw a trading volume of around 4.18 million for the day, considerably higher average daily volume of 2.56 million observed over the last three months.
Symbotic Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $52.20 on 02/05/24, and the lowest price during the same period was recorded at $17.11 on 09/04/24.
How Financial Performance Impacts Market Capitalization
Symbotic Inc (SYM) has experienced a quarterly rise of 3.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.48B and boasts a workforce of 1650 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 26.51, with a change in price of +6.40. Similarly, Symbotic Inc recorded 2,389,744 in trading volume during the last 100 days, posting a change of +27.40%.
How SYM’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 SYM stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.08.
SYM Stock Stochastic Average
As of today, the raw stochastic average of Symbotic Inc over the past 50 days is 41.52%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 67.02%. Additionally, the Stochastic %K and %D values for the company were 74.58% and 63.61%, respectively, over the past 20 days.
SYM Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 25.52%.However, over the last six months, we can see a stronger performance of -22.68%. Over the last 30 days, the price of SYM has fallen by 10.30%. And in the last five days, it has surged by 16.30%.
