Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Western Midstream Partners LP’s current trading price is -12.09% away from its 52-week high, while its distance from the 52-week low is 14.08%. The stock’s price range over this period has fluctuated between $33.39 and $43.33. The company, operating within the financial sector, had a trading volume of approximately 1.23 million for the day, which was noticeably lower than the average daily share volume of 1.3 million over the last 3 months.
Western Midstream Partners LP’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $43.33 on 01/22/25 and a low of $33.39 for the same time frame on 03/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Western Midstream Partners LP (WES) has experienced a quarterly decline of -6.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.52B and boasts a workforce of 1511 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 39.45, with a change in price of -0.95. Similarly, Western Midstream Partners LP recorded 1,303,347 in trading volume during the last 100 days, posting a change of -2.43%.
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 WES stands at 2.52. Similarly, the long-term debt-to-equity ratio is also 2.19.
WES Stock Stochastic Average
Today’s raw stochastic average for Western Midstream Partners LP over the last 50 days is 3.73%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 5.25%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 8.03% and 15.44%, respectively.
WES Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -0.88% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -1.27%. Over the past 30 days, the price of WES has leaped by -6.18%. And in the last five days, it has fallen by -5.81%.
