Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Best Buy Co. Inc’s current trading price is -18.00% away from its 52-week high, while its distance from the 52-week low is 22.73%. The stock’s price range over this period has fluctuated between $69.29 and $103.71. The company, operating within the financial sector, had a trading volume of approximately 0.9 million for the day, which was noticeably lower than the average daily share volume of 3.06 million over the last 3 months.
The market performance of Best Buy Co. Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $103.71 on 08/29/24, while the lowest value for the same duration was $69.29 on 05/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Best Buy Co. Inc (BBY) has experienced a quarterly decline of -8.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.18B and boasts a workforce of 85000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 90.50, with a change in price of -13.41. Similarly, Best Buy Co. Inc recorded 2,801,335 in trading volume during the last 100 days, posting a change of -13.62%.
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 BBY stands at 1.32. Similarly, the long-term debt-to-equity ratio is also 1.12.
BBY Stock Stochastic Average
Today, Best Buy Co. Inc’s raw stochastic average for the past 50 days stands at 27.33%, indicating a decline from the raw stochastic average of the last 20 days, which was 59.19%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 70.93% and 67.35% respectively.
BBY Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -0.89%. However, over the past six months, we’ve seen a weaker performance of 5.38%. The price of BBY fallen by 0.90% over the last 30 days. And in the last five days, it has fallen by -0.96%.
