The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. TEGNA Inc’s current trading price is -9.79% away from its 52-week high, while its distance from the 52-week low is 43.32%. The stock’s price range for this period has been between $12.35 and $19.62 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 2.31 million for the day, a number notably higher than the average daily volume of 1.44 million over the last three months.
TEGNA Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $19.62 on 11/07/24, while the lowest price for the same duration was marked at $12.35 on 06/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
TEGNA Inc (TGNA) has experienced a quarterly decline of -5.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.83B and boasts a workforce of 5900 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.95, with a change in price of +1.45. Similarly, TEGNA Inc recorded 1,532,397 in trading volume during the last 100 days, posting a change of +8.92%.
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 TGNA stands at 1.05. Similarly, the long-term debt-to-equity ratio is also 1.04.
TGNA Stock Stochastic Average
As of today, TEGNA Inc’s raw stochastic average for the last 50 days stands at 49.60%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 51.68%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 52.66% and 52.94%, respectively.
TGNA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -3.23% this year. Over the last six months, there has been a weaker performance of 25.98%. The price of TGNA leaped by -3.23% during the last 30 days period. For the last 5-days stocks have improved 2.37%.
