A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Six Flags Entertainment Corp’s current trading price is -31.11% away from its 52-week high, while its distance from the 52-week low is 12.55%. The stock’s price range for this time frame has been between $35.93 and $58.70. The trading volume of the company’s shares in the Consumer Cyclical reached around 4.75 million for the day, which was evidently higher than the average daily volume of 1.22 million over the last three months.
The stock market performance of Six Flags Entertainment Corp has been fairly unsteady. Over the last year, the company’s stock hit its highest at $58.70 on 07/08/24, while the lowest price during the same time frame was $35.93, recorded on 10/10/24.
How Financial Performance Impacts Market Capitalization
Six Flags Entertainment Corp (FUN) has experienced a quarterly decline of -12.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.06B and boasts a workforce of 98000 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 44.64, with a change in price of +1.53. Similarly, Six Flags Entertainment Corp recorded 1,331,480 in trading volume during the last 100 days, posting a change of +3.93%.
How FUN’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 FUN stands at 2.42. Similarly, the long-term debt-to-equity ratio is also 2.42.
FUN Stock Stochastic Average
The raw stochastic average for Six Flags Entertainment Corp over the last 50 days is presently at 6.33%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 7.01%. Further, the company’s Stochastic %K and %D values for the last 20 days were 14.82% and 20.85%, respectively.
FUN 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. Year to date metric has recorded a loss of -16.08%.However, over the last six months, we can see a stronger performance of -8.03%. Over the last 30 days, the price of FUN has leaped by -8.28%. And in the last five days, it has fallen by -13.27%.
