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. ChampionX Corp’s current trading price is -27.07% away from its 52-week high, while its distance from the 52-week low is 13.94%. The stock’s price range during this period has varied between $25.57 and $39.95. The company, active in the Energy sector, saw a trading volume of around 1.78 million for the day, considerably lower average daily volume of 2.43 million observed over the last three months.
ChampionX Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $39.95 on 04/08/24, while the lowest price during the same period was $25.57 on 12/20/24.
How Financial Performance Impacts Market Capitalization
ChampionX Corp (CHX) has experienced a quarterly decline of -5.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.56B and boasts a workforce of 7100 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 29.52, with a change in price of -1.13. Similarly, ChampionX Corp recorded 2,166,479 in trading volume during the last 100 days, posting a change of -3.75%.
How CHX’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 CHX stands at 0.41. Similarly, the long-term debt-to-equity ratio is also 0.39.
CHX Stock Stochastic Average
As of today, the raw stochastic average of ChampionX Corp over the last 50 days is at 53.82%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 37.90%. Further, the company’s Stochastic %K and %D values for the last 20 days were 53.90% and 64.98%, respectively.
CHX 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. This year’s metric has recorded a Price increase of 7.15%. However, over the past six months, we’ve seen a stronger performance of -6.62%. The price of CHX leaped by -3.04% over the last 30 days. And in the last five days, it has fallen by -3.97%.
