The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 10.20%. However, over the past six months, we’ve seen a stronger performance of -12.03%. The price of SLB fallen by 14.72% over the last 30 days. And in the last five days, it has surged by 2.82%.
The market performance of Schlumberger Ltd’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $55.69 on 03/28/24, while the lowest value for the same duration was $36.52 on 12/19/24.
52-week price history of SLB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Schlumberger Ltd’s current trading price is -24.13% away from its 52-week high, while its distance from the 52-week low is 15.69%. The stock’s price range during this period has varied between$36.52 and $55.69. The Schlumberger Ltd’s shares, which operate in the Energy, saw a trading volume of around 19.43 million for the day, a figure considerably higher than their average daily volume of 12.79 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Schlumberger Ltd (SLB) has experienced a quarterly rise of 0.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.19B and boasts a workforce of 110000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 41.64, with a change in price of -1.93. Similarly, Schlumberger Ltd recorded 13,079,251 in trading volume during the last 100 days, posting a change of -4.37%.
SLB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SLB stands at 0.60. Similarly, the long-term debt-to-equity ratio is also 0.55.
SLB Stock Stochastic Average
As of today, Schlumberger Ltd’s raw stochastic average for the last 50 days stands at 67.81%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 68.98%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 66.15% and 72.91%, respectively.
