A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 18.34% this year. Over the last six months, there has been a weaker performance of 4.06%. The price of ESTC fallen by 13.15% during the last 30 days period. For the last 5-days stocks have improved 16.83%.
The stock market performance of Elastic N.V has been fairly unsteady. Over the last year, the company’s stock hit its highest at $136.06 on 02/29/24, while the lowest price during the same time frame was $69.00, recorded on 09/09/24.
52-week price history of ESTC Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Elastic N.V’s current trading price is -13.82% away from its 52-week high, while its distance from the 52-week low is 69.93%. The stock’s price range over this timeframe has been between $69.00 and $136.06. The shares of the Technology sector company recorded a trading volume of approximately 3.38 million for the day, which was comparatively higher than the average daily volume of 1.43 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Elastic N.V (ESTC) has experienced a quarterly rise of 49.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.15B and boasts a workforce of 3187 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 90.65, with a change in price of +44.00. Similarly, Elastic N.V recorded 1,374,576 in trading volume during the last 100 days, posting a change of +60.07%.
ESTC’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ESTC stands at 0.73. Similarly, the long-term debt-to-equity ratio is also 0.71.
ESTC Stock Stochastic Average
Elastic N.V’s raw stochastic average for the past 50 days is currently at 97.24%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 98.66%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.43% and 79.37%, respectively.
