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. Wells Fargo & Co’s current trading price is -1.34% away from its 52-week high, while its distance from the 52-week low is 67.13%. The stock’s price range during this period has varied between $46.12 and $78.13. The company, active in the Financial sector, saw a trading volume of around 20.6 million for the day, considerably higher average daily volume of 17.07 million observed over the last three months.
Wells Fargo & Co’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $78.13 on 11/26/24, and the lowest price during that time was $46.12, recorded on 01/18/24.
How Financial Performance Impacts Market Capitalization
Wells Fargo & Co (WFC) has experienced a quarterly rise of 20.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 256.64B and boasts a workforce of 226000 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 65.53, with a change in price of +20.38. Similarly, Wells Fargo & Co recorded 17,590,170 in trading volume during the last 100 days, posting a change of +35.94%.
How WFC’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 WFC stands at 1.57. Similarly, the long-term debt-to-equity ratio is also 0.97.
WFC Stock Stochastic Average
As of today, the raw stochastic average of Wells Fargo & Co over the last 50 days is at 92.76%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 98.03%. Further, the company’s Stochastic %K and %D values for the last 20 days were 92.28% and 77.51%, respectively.
WFC 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. Until today this year the stock’s price performance recorded an increase of 9.74%. However, over the last six months, the performance has been weaker by 30.11%. The price of WFC increased 7.09% over the last 30 days. And in the last five days, it has surged by 10.18%.
