The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Ashland Inc’s current trading price is -37.40% away from its 52-week high, while its distance from the 52-week low is -5.83%. The stock’s price range for this period has been between $68.14 and $102.50 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 1.69 million for the day, a number notably higher than the average daily volume of 0.47 million over the last three months.
Ashland Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $102.50 on 06/12/24, while the lowest value for the same period was recorded at $68.14 on 01/29/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Ashland Inc (ASH) has experienced a quarterly decline of -23.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.03B and boasts a workforce of 3200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 79.45, with a change in price of -23.82. Similarly, Ashland Inc recorded 465,276 in trading volume during the last 100 days, posting a change of -27.07%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ASH stands at 0.55. Similarly, the long-term debt-to-equity ratio is also 0.54.
ASH Stock Stochastic Average
Ashland Inc’s raw stochastic average for the past 50 days is presently 1.41%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 2.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 39.64% and 53.36%, respectively.
ASH Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a loss of -10.20%.However, over the last six months, we can see a stronger performance of -33.07%. Over the last 30 days, the price of ASH has leaped by -11.05%. And in the last five days, it has fallen by -9.15%.
