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. Blackstone Inc’s current trading price is -7.75% away from its 52-week high, while its distance from the 52-week low is 60.99%. The stock’s price range during this period has varied between $115.15 and $200.96. The company, active in the Financial sector, saw a trading volume of around 3.04 million for the day, considerably lower average daily volume of 3.23 million observed over the last three months.
Blackstone Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $200.96 on 11/25/24, and the lowest price during that time was $115.15, recorded on 05/01/24.
How Financial Performance Impacts Market Capitalization
Blackstone Inc (BX) has experienced a quarterly rise of 10.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 224.84B and boasts a workforce of 4735 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 170.52, with a change in price of +47.53. Similarly, Blackstone Inc recorded 3,240,900 in trading volume during the last 100 days, posting a change of +34.48%.
How BX’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 BX stands at 1.70. Similarly, the long-term debt-to-equity ratio is also 1.69.
BX Stock Stochastic Average
As of today, the raw stochastic average of Blackstone Inc over the past 50 days is 61.27%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 90.56%. Additionally, the Stochastic %K and %D values for the company were 87.31% and 89.33%, respectively, over the past 20 days.
BX Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 7.52%. However, over the past six months, we’ve seen a weaker performance of 31.83%. The price of BX fallen by 5.05% over the last 30 days. And in the last five days, it has surged by 1.43%.
