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. Zoetis Inc’s current trading price is -21.50% away from its 52-week high, while its distance from the 52-week low is 8.72%. The stock’s price range over this period has fluctuated between $144.80 and $200.53. The company, operating within the financial sector, had a trading volume of approximately 4.35 million for the day, which was noticeably higher than the average daily share volume of 2.86 million over the last 3 months.
Zoetis Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $200.53 on 02/29/24 and a low of $144.80 for the same time frame on 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zoetis Inc (ZTS) has experienced a quarterly decline of -10.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 70.49B and boasts a workforce of 13800 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 175.53, with a change in price of -34.11. Similarly, Zoetis Inc recorded 2,632,798 in trading volume during the last 100 days, posting a change of -17.81%.
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 ZTS stands at 1.42. Similarly, the long-term debt-to-equity ratio is also 1.13.
ZTS Stock Stochastic Average
Today’s raw stochastic average for Zoetis Inc over the last 50 days is 11.26%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 13.43%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 10.95% and 11.39%, respectively.
ZTS Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -3.38% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -14.67%. Over the past 30 days, the price of ZTS has leaped by -6.03%. And in the last five days, it has fallen by -9.47%.
