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AXTA’s Stock Market Expedition: Traversing Gains and Losses in 2023

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 7.74%. However, over the past six months, we’ve seen a weaker performance of 4.74%. The price of AXTA fallen by 7.27% over the last 30 days. And in the last five days, it has fallen by -0.03%.

Axalta Coating Systems Ltd’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $41.65 on 11/25/24, with the lowest value being $30.40 on 02/13/24.

52-week price history of AXTA Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Axalta Coating Systems Ltd’s current trading price is -11.49% away from its 52-week high, while its distance from the 52-week low is 21.28%. The stock’s price range for this period has been between $30.40 and $41.65. The Basic Materials sector company’s shares saw a trading volume of about 2.22 million for the day, which was higher than the average daily volume of 1.77 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Axalta Coating Systems Ltd (AXTA) has experienced a quarterly rise of 3.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.04B and boasts a workforce of 12000 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 36.91, with a change in price of +1.88. Similarly, Axalta Coating Systems Ltd recorded 1,888,901 in trading volume during the last 100 days, posting a change of +5.37%.

AXTA’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for AXTA stands at 1.85. Similarly, the long-term debt-to-equity ratio is also 1.84.

AXTA Stock Stochastic Average

As of today, the raw stochastic average of Axalta Coating Systems Ltd over the last 50 days is at 42.06%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 83.83%. Further, the company’s Stochastic %K and %D values for the last 20 days were 86.94% and 90.39%, respectively.

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