Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Titan International, Inc’s current trading price is -38.90% away from its 52-week high, while its distance from the 52-week low is 39.86%. The stock’s price range during this period has varied between $6.34 and $14.50. The company, active in the Industrials sector, saw a trading volume of around 0.38 million for the day, considerably lower average daily volume of 0.82 million observed over the last three months.
Titan International, Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $14.50 on 02/15/24, while the lowest price during the same period was $6.34 on 10/31/24.
How Financial Performance Impacts Market Capitalization
Titan International, Inc (TWI) has experienced a quarterly rise of 17.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 559.42M and boasts a workforce of 6900 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.48, with a change in price of +0.74. Similarly, Titan International, Inc recorded 713,279 in trading volume during the last 100 days, posting a change of +9.11%.
How TWI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for TWI stands at 1.08. Similarly, the long-term debt-to-equity ratio is also 1.03.
TWI Stock Stochastic Average
As of today, the raw stochastic average of Titan International, Inc over the last 50 days is at 81.74%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 80.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 79.25% and 84.37%, respectively.
TWI Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 30.49%.However, over the last six months, we can see a weaker performance of 22.21%. Over the last 30 days, the price of TWI has fallen by 26.93%. And in the last five days, it has surged by 2.55%.
