Truist Financial Corporation’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $49.06 on 11/25/24, and the lowest price during that time was $34.23, recorded on 02/13/24.
52-week price history of TFC Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Truist Financial Corporation’s current trading price is -4.41% away from its 52-week high, while its distance from the 52-week low is 36.99%. The stock’s price range during this period has fluctuated between $34.23 and $49.06. Shares of the company, which operates in the Financial sector, recorded a trading volume of around 7.48 million for the day, which was evidently lower than the average daily volume of 7.95 million over the last three months.
Financial Performance and Market Capitalization
Truist Financial Corporation (TFC) has experienced a quarterly rise of 8.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 62.25B and boasts a workforce of 49037 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 44.49, with a change in price of +4.29. Similarly, Truist Financial Corporation recorded 7,905,758 in trading volume during the last 100 days, posting a change of +10.07%.
TFC Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for TFC stands at 1.01. Similarly, the long-term debt-to-equity ratio is also 0.55.
TFC Stock Stochastic Average
The raw stochastic average for Truist Financial Corporation over the last 50 days is presently at 68.04%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 72.51%. Further, the company’s Stochastic %K and %D values for the last 20 days were 82.92% and 84.32%, respectively.
TFC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 8.09%.However, over the last six months, we can see a weaker performance of 8.17%. Over the last 30 days, the price of TFC has fallen by 8.09%. And in the last five days, it has fallen by -1.51%.
