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. Tenaris S.A. ADR’s current trading price is -6.25% away from its 52-week high, while its distance from the 52-week low is 40.16%. The stock’s price range during this period has varied between $27.24 and $40.72. The company, active in the Energy sector, saw a trading volume of around 0.59 million for the day, considerably lower average daily volume of 1.46 million observed over the last three months.
Tenaris S.A. ADR had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $40.72 on 04/04/24, while the lowest price during the same period was $27.24 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Tenaris S.A. ADR (TS) has experienced a quarterly rise of 17.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.51B and boasts a workforce of 29134 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 35.14, with a change in price of +9.48. Similarly, Tenaris S.A. ADR recorded 1,522,309 in trading volume during the last 100 days, posting a change of +33.21%.
How TS’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 TS stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.01.
TS Stock Stochastic Average
As of today, the raw stochastic average of Tenaris S.A. ADR over the last 50 days is at 49.69%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 30.82%. Further, the company’s Stochastic %K and %D values for the last 20 days were 27.80% and 30.01%, respectively.
TS 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. This year’s metric has recorded a Price increase of 1.03%. However, over the past six months, we’ve seen a weaker performance of 19.91%. The price of TS fallen by 1.54% over the last 30 days. And in the last five days, it has fallen by -0.93%.
