The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Reddit Inc’s current trading price is -59.64% away from its 52-week high, while its distance from the 52-week low is 149.00%. The stock’s price range for this period has been between $37.35 and $230.41 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 11.74 million for the day, a number notably higher than the average daily volume of 7.58 million over the last three months.
In terms of market performance, Reddit Inc had a fairly even. The highest value for the stock in the past year was $230.41 on 02/10/25, and the lowest value was recorded at $37.35 on 04/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Reddit Inc (RDDT) has experienced a quarterly decline of -47.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.82B and boasts a workforce of 2233 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 157.79, with a change in price of -41.80. Similarly, Reddit Inc recorded 7,178,964 in trading volume during the last 100 days, posting a change of -31.01%.
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 RDDT stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
RDDT Stock Stochastic Average
As of today, Reddit Inc’s raw stochastic average for the last 50 days stands at 8.79%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 21.29%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 11.40% and 11.67%, respectively.
RDDT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -43.10% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 37.84%. Over the past 30 days, the price of RDDT has leaped by -30.59%. And in the last five days, it has fallen by -11.34%.
