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. ChampionX Corp’s current trading price is -26.18% away from its 52-week high, while its distance from the 52-week low is 15.33%. The stock’s price range over this period has fluctuated between $25.57 and $39.95. The company, operating within the financial sector, had a trading volume of approximately 5.62 million for the day, which was noticeably higher than the average daily share volume of 2.96 million over the last 3 months.
In terms of market performance, ChampionX Corp had a fairly uneven. The highest value for the stock in the past year was $39.95 on 04/08/24, and the lowest value was recorded at $25.57 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ChampionX Corp (CHX) has experienced a quarterly rise of 1.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.63B and boasts a workforce of 7100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.15, with a change in price of -0.39. Similarly, ChampionX Corp recorded 2,459,742 in trading volume during the last 100 days, posting a change of -1.31%.
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 CHX stands at 0.41. Similarly, the long-term debt-to-equity ratio is also 0.39.
CHX Stock Stochastic Average
Today’s raw stochastic average for ChampionX Corp over the last 50 days is 50.69%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 69.94%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 68.64% and 57.84%, respectively.
CHX 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. This year’s metric has recorded a Price increase of 8.46%. However, over the past six months, we’ve seen a weaker performance of 3.11%. The price of CHX fallen by 0.17% over the last 30 days. And in the last five days, it has surged by 3.33%.
