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. Kimbell Royalty Partners LP’s current trading price is -6.78% away from its 52-week high, while its distance from the 52-week low is 9.21%. The stock’s price range over this period has fluctuated between $14.57 and $17.07. The company, operating within the financial sector, had a trading volume of approximately 1.76 million for the day, which was noticeably higher than the average daily share volume of 0.65 million over the last 3 months.
Kimbell Royalty Partners LP experienced a rather steady stock market performance. The highest value in the past year was recorded at $17.07 on 07/15/24 and the lowest value was $14.57 on 02/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Kimbell Royalty Partners LP (KRP) has experienced a quarterly decline of -1.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.68B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.95, with a change in price of +0.16. Similarly, Kimbell Royalty Partners LP recorded 550,820 in trading volume during the last 100 days, posting a change of +1.02%.
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 KRP stands at 0.48. Similarly, the long-term debt-to-equity ratio is also 0.48.
KRP Stock Stochastic Average
Today, Kimbell Royalty Partners LP’s raw stochastic average for the past 50 days stands at 41.51%, indicating a decline from the raw stochastic average of the last 20 days, which was 49.25%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 48.76% and 50.17% respectively.
KRP Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -1.96% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -5.62%. Over the past 30 days, the price of KRP has fallen by 3.46%. And in the last five days, it has fallen by -0.92%.
