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. Fluor Corporation’s current trading price is -8.02% away from its 52-week high, while its distance from the 52-week low is 57.76%. The stock’s price range during this period has varied between $35.04 and $60.10. The company, active in the Industrials sector, saw a trading volume of around 2.86 million for the day, considerably higher average daily volume of 2.39 million observed over the last three months.
Fluor Corporation’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $60.10 on 11/06/24, and the lowest price during that time was $35.04, recorded on 02/23/24.
How Financial Performance Impacts Market Capitalization
Fluor Corporation (FLR) has experienced a quarterly rise of 2.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.48B and boasts a workforce of 30187 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 51.05, with a change in price of +6.02. Similarly, Fluor Corporation recorded 2,121,732 in trading volume during the last 100 days, posting a change of +12.22%.
How FLR’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 FLR stands at 0.50. Similarly, the long-term debt-to-equity ratio is also 0.50.
FLR Stock Stochastic Average
As of today, the raw stochastic average of Fluor Corporation over the last 50 days is at 79.34%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 86.64%. Further, the company’s Stochastic %K and %D values for the last 20 days were 93.24% and 79.69%, respectively.
FLR 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 12.08%. However, over the last six months, the performance has been weaker by 11.90%. The price of FLR increased 10.38% over the last 30 days. And in the last five days, it has surged by 12.18%.
