Truist Financial Corporation saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $49.06 on 11/25/24, while the lowest price for the same duration was marked at $34.51 on 03/18/24.
52-week price history of TFC Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Truist Financial Corporation’s current trading price is -17.70% away from its 52-week high, while its distance from the 52-week low is 17.00%. The stock’s price range during the 52-week period has remained between $34.51 and $49.06. In the Financial sector, the company’s shares saw a trading volume of around 11.4 million for the day, which was evidently higher than the average daily volume of 7.38 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Truist Financial Corporation (TFC) has experienced a quarterly decline of -12.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 52.70B and boasts a workforce of 36769 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 45.34, with a change in price of -2.89. Similarly, Truist Financial Corporation recorded 7,818,786 in trading volume during the last 100 days, posting a change of -6.68%.
Examining TFC’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TFC stands at 1.03. Similarly, the long-term debt-to-equity ratio is also 0.56.
TFC Stock Stochastic Average
As of today, Truist Financial Corporation’s raw stochastic average for the last 50 days stands at 7.90%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 8.64%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 11.45% and 11.01%, respectively.
TFC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -6.94% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -6.44%. Over the past 30 days, the price of TFC has leaped by -16.16%. And in the last five days, it has fallen by -11.14%.
