The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Fedex Corp’s current trading price is -15.38% away from its 52-week high, while its distance from the 52-week low is 13.28%. The stock’s price range for this period has been between $234.45 and $313.84 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 0.96 million for the day, a number notably lower than the average daily volume of 1.7 million over the last three months.
Fedex Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $313.84 on 07/16/24, while the lowest value for the same period was recorded at $234.45 on 02/16/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fedex Corp (FDX) has experienced a quarterly decline of -3.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 63.97B and boasts a workforce of 430000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 278.29, with a change in price of -21.35. Similarly, Fedex Corp recorded 1,800,160 in trading volume during the last 100 days, posting a change of -7.48%.
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 FDX stands at 1.41. Similarly, the long-term debt-to-equity ratio is also 1.29.
FDX Stock Stochastic Average
Fedex Corp’s raw stochastic average for the past 50 days is presently 1.37%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 2.98%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 37.44% and 54.39%, respectively.
FDX 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 -5.60%.However, over the last six months, we can see a stronger performance of -11.73%. Over the last 30 days, the price of FDX has leaped by -5.27%. And in the last five days, it has fallen by -1.65%.
