The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Paramount Global’s current trading price is -18.67% away from its 52-week high, while its distance from the 52-week low is 23.95%. The stock’s price range for this period has been between $9.54 and $14.54 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 4.18 million for the day, a number notably lower than the average daily volume of 9.0 million over the last three months.
Paramount Global ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $14.54 on 05/03/24, while the lowest value for the same period was recorded at $9.54 on 06/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Paramount Global (PARA) has experienced a quarterly rise of 13.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.39B and boasts a workforce of 22100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.07, with a change in price of +0.82. Similarly, Paramount Global recorded 9,703,391 in trading volume during the last 100 days, posting a change of +7.42%.
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 PARA stands at 0.97. Similarly, the long-term debt-to-equity ratio is also 0.95.
PARA Stock Stochastic Average
As of today, Paramount Global’s raw stochastic average for the last 50 days stands at 68.16%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 42.25%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 35.38% and 41.69%, respectively.
PARA Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 13.05%. However, over the last six months, the performance has been weaker by 10.93%. The price of PARA increased 4.09% over the last 30 days. And in the last five days, it has surged by 1.59%.
