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 gain of 17.69%.However, over the last six months, we can see a weaker performance of 23.19%. Over the last 30 days, the price of TITN has leaped by -13.25%. And in the last five days, it has surged by 18.45%.
Titan Machinery Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $27.12 on 03/21/24 and a low of $12.30 for the same time frame on 08/15/24.
52-week price history of TITN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Titan Machinery Inc’s current trading price is -38.69% away from its 52-week high, while its distance from the 52-week low is 35.20%. The stock’s price range during this period has varied between$12.30 and $27.12. The Titan Machinery Inc’s shares, which operate in the Industrials, saw a trading volume of around 1.49 million for the day, a figure considerably higher than their average daily volume of 0.28 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Titan Machinery Inc (TITN) has experienced a quarterly rise of 10.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 384.58M and boasts a workforce of 3604 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.53, with a change in price of +1.91. Similarly, Titan Machinery Inc recorded 263,949 in trading volume during the last 100 days, posting a change of +12.98%.
TITN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for TITN stands at 1.84. Similarly, the long-term debt-to-equity ratio is also 0.25.
TITN Stock Stochastic Average
As of today, Titan Machinery Inc’s raw stochastic average for the last 50 days stands at 56.50%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 59.17%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 25.36% and 13.55%, respectively.
