The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Pinterest Inc’s current trading price is -12.98% away from its 52-week high, while its distance from the 52-week low is 45.63%. The stock’s price range for this period has been between $27.00 and $45.19 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 10.96 million for the day, a number notably lower than the average daily volume of 11.17 million over the last three months.
Pinterest Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $45.19 on 06/25/24 and a low of $27.00 for the same time frame on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Pinterest Inc (PINS) has experienced a quarterly rise of 31.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.67B and boasts a workforce of 4666 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 32.16, with a change in price of +8.86. Similarly, Pinterest Inc recorded 10,524,551 in trading volume during the last 100 days, posting a change of +29.09%.
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 PINS stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
PINS Stock Stochastic Average
Pinterest Inc’s raw stochastic average for the past 50 days is presently 86.81%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 84.34%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 81.94% and 81.85%, respectively.
PINS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 35.59%. However, over the past six months, we’ve seen a weaker performance of 28.20%. The price of PINS fallen by 29.38% over the last 30 days. And in the last five days, it has fallen by -0.81%.
