A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Genesis Energy L.P’s current trading price is -27.42% away from its 52-week high, while its distance from the 52-week low is 11.66%. The stock’s price range for this time frame has been between $9.86 and $15.17. The trading volume of the company’s shares in the Energy reached around 3.62 million for the day, which was evidently higher than the average daily volume of 0.54 million over the last three months.
In terms of market performance, Genesis Energy L.P had a somewhat inconsistent run in. The highest value for the stock in the past year was $15.17 on 07/18/24, while the lowest value was $9.86 on 12/20/24.
How Financial Performance Impacts Market Capitalization
Genesis Energy L.P (GEL) has experienced a quarterly decline of -14.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.35B and boasts a workforce of 2137 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 11.78, with a change in price of -2.12. Similarly, Genesis Energy L.P recorded 479,302 in trading volume during the last 100 days, posting a change of -16.15%.
How GEL’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 GEL stands at 3.37. Similarly, the long-term debt-to-equity ratio is also 3.36.
GEL Stock Stochastic Average
Genesis Energy L.P’s raw stochastic average for the past 50 days is currently at 53.74%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 92.92%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 69.49% and 59.83%, respectively.
GEL 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. The index has shown a price gain of 8.90% this year. Over the last six months, there has been a stronger performance of -21.53%. The price of GEL fallen by 8.05% during the last 30 days period. For the last 5-days stocks have improved 4.96%.
