The market performance of Snowflake Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $237.72 on 02/15/24, with the lowest value for the same timeframe being $107.13, recorded on 09/06/24.
52-week price history of SNOW Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Snowflake Inc’s current trading price is -21.86% away from its 52-week high, while its distance from the 52-week low is 73.39%. The stock’s price range during this period has fluctuated between $107.13 and $237.72. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 2.06 million for the day, which was evidently lower than the average daily volume of 6.8 million over the last three months.
Financial Performance and Market Capitalization
Snowflake Inc (SNOW) has experienced a quarterly rise of 53.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 61.32B and boasts a workforce of 7004 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 148.04, with a change in price of +74.60. Similarly, Snowflake Inc recorded 6,452,568 in trading volume during the last 100 days, posting a change of +67.34%.
SNOW 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 SNOW stands at 0.89. Similarly, the long-term debt-to-equity ratio is also 0.87.
SNOW Stock Stochastic Average
Snowflake Inc’s raw stochastic average for the past 50 days is currently at 85.34%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 79.12%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 79.45% and 80.76%, respectively.
SNOW Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 20.30%.However, over the last six months, we can see a weaker performance of 50.98%. Over the last 30 days, the price of SNOW has fallen by 14.36%. And in the last five days, it has fallen by -1.68%.
