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. Zoetis Inc’s current trading price is -19.59% away from its 52-week high, while its distance from the 52-week low is 11.24%. The stock’s price range over this period has fluctuated between $144.80 and $200.33. The company, operating within the financial sector, had a trading volume of approximately 0.57 million for the day, which was noticeably lower than the average daily share volume of 3.1 million over the last 3 months.
Zoetis Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $200.33 on 09/19/24, while the lowest price for the same period was registered at $144.80 on 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Zoetis Inc (ZTS) has experienced a quarterly decline of -9.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 72.13B and boasts a workforce of 13800 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 171.71, with a change in price of -33.40. Similarly, Zoetis Inc recorded 2,847,087 in trading volume during the last 100 days, posting a change of -17.17%.
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 ZTS stands at 1.42. Similarly, the long-term debt-to-equity ratio is also 1.13.
ZTS Stock Stochastic Average
Today’s raw stochastic average for Zoetis Inc over the last 50 days is 29.14%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 29.65%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 35.50% and 50.85%, respectively.
ZTS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -1.14%.However, over the last six months, we can see a stronger performance of -15.82%. Over the last 30 days, the price of ZTS has leaped by -7.58%. And in the last five days, it has fallen by -3.69%.
