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 9.75%. However, over the past six months, we’ve seen a weaker performance of 9.75%. The price of PARA fallen by 5.51% over the last 30 days. And in the last five days, it has fallen by -0.17%.
In terms of market performance, Paramount Global had a fairly even. The highest value for the stock in the past year was $14.54 on 05/03/24, and the lowest value was recorded at $9.54 on 06/18/24.
52-week price history of PARA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Paramount Global’s current trading price is -21.05% away from its 52-week high, while its distance from the 52-week low is 20.34%. The stock’s price range during this period has varied between$9.54 and $14.54. The Paramount Global’s shares, which operate in the Communication Services, saw a trading volume of around 9.89 million for the day, a figure considerably higher than their average daily volume of 9.1 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Paramount Global (PARA) has experienced a quarterly rise of 6.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.17B and boasts a workforce of 22100 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 10.83, with a change in price of +0.96. Similarly, Paramount Global recorded 9,160,115 in trading volume during the last 100 days, posting a change of +9.13%.
PARA’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 PARA stands at 0.94. Similarly, the long-term debt-to-equity ratio is also 0.94.
PARA Stock Stochastic Average
Paramount Global’s raw stochastic average for the past 50 days is presently 77.19%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 71.84%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 64.86% and 60.29%, respectively.
