The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Paramount Global’s current trading price is -16.51% away from its 52-week high, while its distance from the 52-week low is 27.25%. The stock’s price range for this period has been between $9.54 and $14.54 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 23.49 million for the day, a number notably higher than the average daily volume of 9.17 million over the last three months.
Paramount Global experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $14.54 on 05/03/24, while the lowest price for the same period was registered at $9.54 on 06/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Paramount Global (PARA) has experienced a quarterly rise of 11.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.57B and boasts a workforce of 22100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.87, with a change in price of +1.80. Similarly, Paramount Global recorded 9,405,919 in trading volume during the last 100 days, posting a change of +17.41%.
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 PARA stands at 0.97. Similarly, the long-term debt-to-equity ratio is also 0.95.
PARA Stock Stochastic Average
Paramount Global’s raw stochastic average for the past 50 days is presently 83.19%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 80.54%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 82.20% and 76.66%, respectively.
PARA 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 index has shown a price gain of 16.06% this year. Over the last six months, there has been a weaker performance of 16.06%. The price of PARA fallen by 11.99% during the last 30 days period. For the last 5-days stocks have improved 6.87%.
