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FLEX: Riding the Market Waves of Growth and Decline in 2023

PNC Stock

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 2.04%.However, over the last six months, we can see a weaker performance of 20.72%. Over the last 30 days, the price of FLEX has leaped by -3.49%. And in the last five days, it has fallen by -6.04%.

Flex Ltd experienced a rather steady stock market performance. The highest value in the past year was recorded at $45.10 on 01/22/25 and the lowest value was $25.27 on 05/01/24.

52-week price history of FLEX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Flex Ltd’s current trading price is -13.14% away from its 52-week high, while its distance from the 52-week low is 55.02%. The stock’s price range during this period has varied between$25.27 and $45.10. The Flex Ltd’s shares, which operate in the Technology, saw a trading volume of around 0.96 million for the day, a figure considerably lower than their average daily volume of 3.31 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Flex Ltd (FLEX) has experienced a quarterly decline of -5.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.01B and boasts a workforce of 148115 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 38.83, with a change in price of +6.11. Similarly, Flex Ltd recorded 3,836,344 in trading volume during the last 100 days, posting a change of +18.69%.

FLEX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for FLEX stands at 0.83. Similarly, the long-term debt-to-equity ratio is also 0.73.

FLEX Stock Stochastic Average

Flex Ltd’s raw stochastic average for the past 50 days is presently 20.45%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 10.92%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 14.78% and 15.00%, respectively.

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