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. Blackstone Inc’s current trading price is -28.70% away from its 52-week high, while its distance from the 52-week low is 24.43%. The stock’s price range during this period has varied between $114.76 and $200.28. The company, active in the Financial sector, saw a trading volume of around 4.04 million for the day, considerably higher average daily volume of 3.92 million observed over the last three months.
Blackstone Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $200.28 on 11/25/24, while the lowest price during the same period was $114.76 on 05/01/24.
How Financial Performance Impacts Market Capitalization
Blackstone Inc (BX) has experienced a quarterly decline of -17.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 174.02B and boasts a workforce of 4895 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 170.05, with a change in price of -24.24. Similarly, Blackstone Inc recorded 3,726,411 in trading volume during the last 100 days, posting a change of -14.51%.
How BX’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 BX stands at 1.50. Similarly, the long-term debt-to-equity ratio is also 1.44.
BX Stock Stochastic Average
As of today, the raw stochastic average of Blackstone Inc over the last 50 days is at 17.21%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 47.97%. Further, the company’s Stochastic %K and %D values for the last 20 days were 28.48% and 26.08%, respectively.
BX 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. This year’s metric has recorded a Price decrease of -16.90%. However, over the past six months, we’ve seen a stronger performance of -7.29%. The price of BX leaped by -9.92% over the last 30 days. And in the last five days, it has fallen by -5.56%.
