Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. ATI Inc’s current trading price is -12.62% away from its 52-week high, while its distance from the 52-week low is 58.31%. The stock’s price range during this period has varied between $38.04 and $68.92. The company, active in the Industrials sector, saw a trading volume of around 1.99 million for the day, considerably higher average daily volume of 1.51 million observed over the last three months.
ATI Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $68.92 on 07/31/24, while the lowest price during the same period was $38.04 on 02/01/24.
How Financial Performance Impacts Market Capitalization
ATI Inc (ATI) has experienced a quarterly decline of -1.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.59B and boasts a workforce of 7300 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 59.29, with a change in price of +0.43. Similarly, ATI Inc recorded 1,419,469 in trading volume during the last 100 days, posting a change of +0.72%.
How ATI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ATI stands at 1.05. Similarly, the long-term debt-to-equity ratio is also 1.04.
ATI Stock Stochastic Average
As of today, the raw stochastic average of ATI Inc over the last 50 days is at 87.48%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 96.14%. Further, the company’s Stochastic %K and %D values for the last 20 days were 70.09% and 69.81%, respectively.
ATI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 9.41%. However, over the past six months, we’ve seen a stronger performance of -7.15%. The price of ATI fallen by 7.27% over the last 30 days. And in the last five days, it has surged by 4.80%.
