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. Nutanix Inc’s current trading price is -13.28% away from its 52-week high, while its distance from the 52-week low is 51.63%. The stock’s price range during this period has varied between $43.35 and $75.80. The company, active in the Technology sector, saw a trading volume of around 0.79 million for the day, considerably lower average daily volume of 2.59 million observed over the last three months.
Nutanix Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $75.80 on 11/25/24, and the lowest price during the same period was recorded at $43.35 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Nutanix Inc (NTNX) has experienced a quarterly rise of 7.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.61B and boasts a workforce of 7150 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 64.12, with a change in price of +2.66. Similarly, Nutanix Inc recorded 2,298,011 in trading volume during the last 100 days, posting a change of +4.22%.
NTNX Stock Stochastic Average
As of today, the raw stochastic average of Nutanix Inc over the past 50 days is 33.45%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 73.71%. Additionally, the Stochastic %K and %D values for the company were 75.76% and 75.98%, respectively, over the past 20 days.
NTNX 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 7.44%.However, over the last six months, we can see a weaker performance of 34.36%. Over the last 30 days, the price of NTNX has fallen by 1.02%. And in the last five days, it has fallen by -1.23%.
