The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. ChampionX Corp’s current trading price is -27.18% away from its 52-week high, while its distance from the 52-week low is 13.77%. The stock’s price range for this period has been between $25.57 and $39.95 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 2.77 million for the day, a number notably higher than the average daily volume of 2.07 million over the last three months.
ChampionX Corp experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $39.95 on 04/08/24, while the lowest price for the same period was registered at $25.57 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ChampionX Corp (CHX) has experienced a quarterly decline of -0.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.54B and boasts a workforce of 7100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.56, with a change in price of -0.36. Similarly, ChampionX Corp recorded 1,951,018 in trading volume during the last 100 days, posting a change of -1.22%.
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 CHX stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.37.
CHX Stock Stochastic Average
ChampionX Corp’s raw stochastic average for the past 50 days is presently 54.91%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 49.03%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 57.51% and 63.24%, respectively.
CHX Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 6.99% this year. Over the last six months, there has been a stronger performance of -14.19%. The price of CHX fallen by 9.03% during the last 30 days period. For the last 5-days stocks have slided -2.02%.
