Devon Energy Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $54.63 on 04/12/24 and the lowest value was $30.39 on 12/20/24.
52-week price history of DVN Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Devon Energy Corp’s current trading price is -38.22% away from its 52-week high, while its distance from the 52-week low is 11.06%. The stock’s price range during this period has spanned from $30.39 to $54.63. In the Energy sector, the Devon Energy Corp’s shares surpassed a trading volume of approximately 9.66 million for the day, which was noticeably lower compared to the average daily volume of 9.10.19 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Devon Energy Corp (DVN) has experienced a quarterly decline of -11.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 22.17B and boasts a workforce of 1900 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 37.60, with a change in price of -7.65. Similarly, Devon Energy Corp recorded 9,549,758 in trading volume during the last 100 days, posting a change of -18.48%.
Examining DVN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for DVN stands at 0.65. Similarly, the long-term debt-to-equity ratio is also 0.65.
DVN Stock Stochastic Average
Today’s raw stochastic average for Devon Energy Corp over the last 50 days is 36.29%.This indicates a increase from the raw stochastic average of the past 20 days, which was 7.43%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 23.55% and 37.14%, respectively.
DVN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 3.12% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -24.69%. Over the past 30 days, the price of DVN has fallen by 3.12%. And in the last five days, it has fallen by -4.47%.
