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 5.63%.However, over the last six months, we can see a weaker performance of 18.48%. Over the last 30 days, the price of PGR has fallen by 4.08%. And in the last five days, it has surged by 3.87%.
Progressive Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $265.62 on 11/27/24 and a low of $172.26 for the same time frame on 01/30/24.
52-week price history of PGR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Progressive Corp’s current trading price is -6.47% away from its 52-week high, while its distance from the 52-week low is 44.22%. The stock’s price range during this period has varied between$172.26 and $265.62. The Progressive Corp’s shares, which operate in the Financial, saw a trading volume of around 1.1 million for the day, a figure considerably lower than their average daily volume of 2.57 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Progressive Corp (PGR) has experienced a quarterly rise of 3.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 145.53B and boasts a workforce of 61432 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 250.27, with a change in price of -6.97. Similarly, Progressive Corp recorded 2,392,306 in trading volume during the last 100 days, posting a change of -2.75%.
PGR’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 PGR stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.25.
PGR Stock Stochastic Average
As of today, Progressive Corp’s raw stochastic average for the last 50 days stands at 43.73%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 78.43%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 86.70% and 77.96%, respectively.
