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Anchoring Your Portfolio: Is CRM Stock a Safe Harbor?

THMO

The stock market performance of Salesforce Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $369.00 on 12/04/24, while the lowest price during the same time frame was $212.00, recorded on 05/30/24.

52-week price history of CRM Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Salesforce Inc’s current trading price is -33.82% away from its 52-week high, while its distance from the 52-week low is 15.19%. The stock’s price range during this period has fluctuated between $212.00 and $369.00. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 11.94 million for the day, which was evidently higher than the average daily volume of 6.98 million over the last three months.

Financial Performance and Market Capitalization

Salesforce Inc (CRM) has experienced a quarterly decline of -26.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 234.69B and boasts a workforce of 76453 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 319.01, with a change in price of -77.74. Similarly, Salesforce Inc recorded 7,014,411 in trading volume during the last 100 days, posting a change of -24.15%.

CRM Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CRM stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.18.

CRM Stock Stochastic Average

The raw stochastic average for Salesforce Inc over the last 50 days is presently at 10.37%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 23.51%. Further, the company’s Stochastic %K and %D values for the last 20 days were 9.36% and 14.07%, respectively.

CRM Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -26.96%. However, over the last six months, the performance has been stronger by -13.06%. The price of CRM decreased -13.67% over the last 30 days. And in the last five days, it has fallen by -9.00%.

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