The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Consolidated Edison, Inc’s current trading price is -7.34% away from its 52-week high, while its distance from the 52-week low is 16.29%. The stock’s price range for this period has been between $85.85 and $107.75 The company’s shares, which are part of the Utilities sector, had a trading volume of approximately 0.84 million for the day, a number notably lower than the average daily volume of 2.39 million over the last three months.
Consolidated Edison, Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $107.75 on 10/24/24, while the lowest value for the same period was recorded at $85.85 on 03/01/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Consolidated Edison, Inc (ED) has experienced a quarterly rise of 1.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 34.62B and boasts a workforce of 15097 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 96.55, with a change in price of -4.17. Similarly, Consolidated Edison, Inc recorded 2,253,712 in trading volume during the last 100 days, posting a change of -3.99%.
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 ED stands at 1.27. Similarly, the long-term debt-to-equity ratio is also 1.14.
ED Stock Stochastic Average
As of today, Consolidated Edison, Inc’s raw stochastic average for the last 50 days stands at 88.62%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 81.95%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 83.73% and 86.05%, respectively.
ED 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 an increase of 11.89%. However, over the last six months, the performance has been stronger by -1.05%. The price of ED increased 6.91% over the last 30 days. And in the last five days, it has surged by 4.26%.
