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. Oneok Inc’s current trading price is -18.89% away from its 52-week high, while its distance from the 52-week low is 32.21%. The stock’s price range during this period has varied between $72.44 and $118.07. The company, active in the Energy sector, saw a trading volume of around 7.09 million for the day, considerably higher average daily volume of 3.63 million observed over the last three months.
Oneok Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $118.07 on 11/22/24, and the lowest price during that time was $72.44, recorded on 02/26/24.
How Financial Performance Impacts Market Capitalization
Oneok Inc (OKE) has experienced a quarterly decline of -15.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.76B and boasts a workforce of 4775 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 101.82, with a change in price of +4.64. Similarly, Oneok Inc recorded 3,319,814 in trading volume during the last 100 days, posting a change of +5.09%.
How OKE’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 OKE stands at 1.88. Similarly, the long-term debt-to-equity ratio is also 1.82.
OKE Stock Stochastic Average
As of today, the raw stochastic average of Oneok Inc over the last 50 days is at 18.27%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 34.48%. Further, the company’s Stochastic %K and %D values for the last 20 days were 35.64% and 33.57%, respectively.
OKE Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -4.61%. However, over the last six months, the performance has been weaker by 9.45%. The price of OKE decreased -8.38% over the last 30 days. And in the last five days, it has fallen by -2.91%.
