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. Year to date metric has recorded a gain of 5.91%.However, over the last six months, we can see a weaker performance of 5.94%. Over the last 30 days, the price of FITB has fallen by 4.04%. And in the last five days, it has fallen by -0.18%.
Fifth Third Bancorp experienced a rather steady stock market performance. The highest value in the past year was recorded at $49.07 on 11/25/24 and the lowest value was $32.29 on 02/13/24.
52-week price history of FITB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Fifth Third Bancorp’s current trading price is -8.74% away from its 52-week high, while its distance from the 52-week low is 38.68%. The stock’s price range during this period has varied between$32.29 and $49.07. The Fifth Third Bancorp’s shares, which operate in the Financial, saw a trading volume of around 4.43 million for the day, a figure considerably lower than their average daily volume of 4.56 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Fifth Third Bancorp (FITB) has experienced a quarterly rise of 1.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.03B and boasts a workforce of 18616 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 44.11, with a change in price of +2.29. Similarly, Fifth Third Bancorp recorded 4,423,402 in trading volume during the last 100 days, posting a change of +5.39%.
FITB’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 FITB stands at 0.97. Similarly, the long-term debt-to-equity ratio is also 0.73.
FITB Stock Stochastic Average
Fifth Third Bancorp’s raw stochastic average for the past 50 days is presently 47.37%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 87.93%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.74% and 77.43%, respectively.
