The market performance of Lam Research Corp’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $113.00 on 07/11/24, while the lowest value for the same duration was $68.87 on 11/20/24.
52-week price history of LRCX Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Lam Research Corp’s current trading price is -25.90% away from its 52-week high, while its distance from the 52-week low is 21.58%. The stock’s price range during the 52-week period has remained between $68.87 and $113.00. In the Technology sector, the company’s shares saw a trading volume of around 12.67 million for the day, which was evidently higher than the average daily volume of 11.84 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Lam Research Corp (LRCX) has experienced a quarterly rise of 9.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 107.48B and boasts a workforce of 17450 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 76.93, with a change in price of +7.88. Similarly, Lam Research Corp recorded 12,357,018 in trading volume during the last 100 days, posting a change of +10.39%.
Examining LRCX’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 LRCX stands at 0.57. Similarly, the long-term debt-to-equity ratio is also 0.51.
LRCX Stock Stochastic Average
Lam Research Corp’s raw stochastic average for the past 50 days is presently 90.29%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 88.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 82.37% and 77.09%, respectively.
LRCX Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 15.92%. However, over the past six months, we’ve seen a weaker performance of 4.78%. The price of LRCX fallen by 8.68% over the last 30 days. And in the last five days, it has surged by 4.41%.
