Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 22.12%.However, over the last six months, we can see a weaker performance of 18.69%. Over the last 30 days, the price of KLG has fallen by 34.95%. And in the last five days, it has surged by 13.31%.
WK Kellogg Co experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $24.63 on 04/24/24, while the lowest price for the same period was registered at $14.37 on 03/11/24.
52-week price history of KLG Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. WK Kellogg Co’s current trading price is -10.80% away from its 52-week high, while its distance from the 52-week low is 52.89%. The stock’s price range during this period has varied between$14.37 and $24.63. The WK Kellogg Co’s shares, which operate in the Consumer Defensive, saw a trading volume of around 2.35 million for the day, a figure considerably higher than their average daily volume of 1.06 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
WK Kellogg Co (KLG) has experienced a quarterly rise of 6.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.89B and boasts a workforce of 3280 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 18.18, with a change in price of +4.17. Similarly, WK Kellogg Co recorded 1,042,018 in trading volume during the last 100 days, posting a change of +23.43%.
KLG’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 KLG stands at 2.04. Similarly, the long-term debt-to-equity ratio is also 1.75.
KLG Stock Stochastic Average
WK Kellogg Co’s raw stochastic average for the past 50 days is presently 96.59%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 96.15%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 78.39% and 68.41%, respectively.
