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. Nike, Inc’s current trading price is -25.73% away from its 52-week high, while its distance from the 52-week low is 14.27%. The stock’s price range during this period has varied between $68.62 and $105.57. The company, active in the Consumer Cyclical sector, saw a trading volume of around 8.59 million for the day, considerably lower average daily volume of 13.36 million observed over the last three months.
Nike, Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $105.57 on 03/14/24, and the lowest price during the same period was recorded at $68.62 on 02/07/25.
How Financial Performance Impacts Market Capitalization
Nike, Inc (NKE) has experienced a quarterly rise of 1.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 115.98B and boasts a workforce of 79400 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 76.76, with a change in price of -3.84. Similarly, Nike, Inc recorded 12,101,346 in trading volume during the last 100 days, posting a change of -4.67%.
How NKE’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 NKE stands at 0.86. Similarly, the long-term debt-to-equity ratio is also 0.75.
NKE Stock Stochastic Average
As of today, the raw stochastic average of Nike, Inc over the past 50 days is 70.84%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 70.84%. Additionally, the Stochastic %K and %D values for the company were 77.18% and 83.85%, respectively, over the past 20 days.
NKE Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 3.62%.However, over the last six months, we can see a stronger performance of -5.29%. Over the last 30 days, the price of NKE has fallen by 0.10%. And in the last five days, it has fallen by -2.33%.
