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. Patterson Companies Inc’s current trading price is -2.82% away from its 52-week high, while its distance from the 52-week low is 58.86%. The stock’s price range during this period has varied between $19.45 and $31.79. The company, active in the Healthcare sector, saw a trading volume of around 1.02 million for the day, considerably lower average daily volume of 1.44 million observed over the last three months.
Patterson Companies Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $31.79 on 12/12/24, while the lowest price during the same period was $19.45 on 11/15/24.
How Financial Performance Impacts Market Capitalization
Patterson Companies Inc (PDCO) has experienced a quarterly rise of 45.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.73B and boasts a workforce of 7600 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 23.94, with a change in price of +8.43. Similarly, Patterson Companies Inc recorded 1,217,472 in trading volume during the last 100 days, posting a change of +37.51%.
How PDCO’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 PDCO stands at 0.84. Similarly, the long-term debt-to-equity ratio is also 0.44.
PDCO Stock Stochastic Average
As of today, the raw stochastic average of Patterson Companies Inc over the last 50 days is at 92.83%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 69.81%. Further, the company’s Stochastic %K and %D values for the last 20 days were 70.33% and 63.58%, respectively.
PDCO 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 increase of 0.11%. However, over the past six months, we’ve seen a weaker performance of 23.63%. The price of PDCO leaped by -0.05% over the last 30 days. And in the last five days, it has surged by 0.02%.
