Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Conagra Brands Inc’s current trading price is -21.78% away from its 52-week high, while its distance from the 52-week low is 12.75%. The stock’s price range during this period has varied between $23.06 and $33.24. The company, active in the Consumer Defensive sector, saw a trading volume of around 4.43 million for the day, considerably lower average daily volume of 5.78 million observed over the last three months.
Conagra Brands Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $33.24 on 09/10/24, and the lowest price during the same period was recorded at $23.06 on 02/18/25.
How Financial Performance Impacts Market Capitalization
Conagra Brands Inc (CAG) has experienced a quarterly decline of -7.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.41B and boasts a workforce of 18500 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 26.84, with a change in price of -3.51. Similarly, Conagra Brands Inc recorded 5,353,696 in trading volume during the last 100 days, posting a change of -11.89%.
How CAG’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CAG stands at 0.96. Similarly, the long-term debt-to-equity ratio is also 0.71.
CAG Stock Stochastic Average
As of today, the raw stochastic average of Conagra Brands Inc over the past 50 days is 53.90%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 47.44%. Additionally, the Stochastic %K and %D values for the company were 50.03% and 50.37%, respectively, over the past 20 days.
CAG Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -6.31%.However, over the last six months, we can see a stronger performance of -18.88%. Over the last 30 days, the price of CAG has fallen by 2.85%. And in the last five days, it has fallen by -2.66%.