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. Lumentum Holdings Inc’s current trading price is -35.77% away from its 52-week high, while its distance from the 52-week low is 74.49%. The stock’s price range during this period has varied between $38.28 and $104.00. The company, active in the Technology sector, saw a trading volume of around 0.9 million for the day, considerably lower average daily volume of 2.56 million observed over the last three months.
Lumentum Holdings Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $104.00 on 01/22/25, and the lowest price during the same period was recorded at $38.28 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Lumentum Holdings Inc (LITE) has experienced a quarterly decline of -20.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.62B and boasts a workforce of 7257 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 80.12, with a change in price of +0.01. Similarly, Lumentum Holdings Inc recorded 2,301,757 in trading volume during the last 100 days, posting a change of +0.02%.
How LITE’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 LITE stands at 2.99. Similarly, the long-term debt-to-equity ratio is also 2.97.
LITE Stock Stochastic Average
As of today, the raw stochastic average of Lumentum Holdings Inc over the past 50 days is 21.29%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 57.63%. Additionally, the Stochastic %K and %D values for the company were 45.52% and 41.25%, respectively, over the past 20 days.
LITE 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 -20.42%.However, over the last six months, we can see a weaker performance of 5.40%. Over the last 30 days, the price of LITE has fallen by 2.63%. And in the last five days, it has surged by 1.05%.
