logo

Old Dominion Freight Line, Inc (ODFL) Stock: A Year of Highs and Lows in the Market

DOYU

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Old Dominion Freight Line, Inc’s current trading price is -16.74% away from its 52-week high, while its distance from the 52-week low is 17.36%. The stock’s price range for this period has been between $165.49 and $233.26 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 1.38 million for the day, a number notably lower than the average daily volume of 1.43 million over the last three months.

Old Dominion Freight Line, Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $233.26 on 11/11/24, while the lowest price for the same period was registered at $165.49 on 06/06/24.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Old Dominion Freight Line, Inc (ODFL) has experienced a quarterly decline of -3.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.46B and boasts a workforce of 22902 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 198.59, with a change in price of +4.29. Similarly, Old Dominion Freight Line, Inc recorded 1,412,388 in trading volume during the last 100 days, posting a change of +2.27%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ODFL stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.

ODFL Stock Stochastic Average

Old Dominion Freight Line, Inc’s raw stochastic average for the past 50 days is presently 34.02%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 74.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 49.51% and 46.22%, respectively.

ODFL Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 10.10% this year. Over the last six months, there has been a stronger performance of -0.02%. The price of ODFL fallen by 7.35% during the last 30 days period. For the last 5-days stocks have improved 4.51%.

Most Popular