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. Home Depot, Inc’s current trading price is -24.58% away from its 52-week high, while its distance from the 52-week low is 2.34%. The stock’s price range during this period has varied between $323.77 and $439.37. The company, active in the Consumer Cyclical sector, saw a trading volume of around 1.75 million for the day, considerably lower average daily volume of 3.78 million observed over the last three months.
Home Depot, Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $439.37 on 11/26/24, and the lowest price during the same period was recorded at $323.77 on 05/29/24.
How Financial Performance Impacts Market Capitalization
Home Depot, Inc (HD) has experienced a quarterly decline of -13.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 329.38B and boasts a workforce of 470100 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 394.15, with a change in price of -73.13. Similarly, Home Depot, Inc recorded 3,518,715 in trading volume during the last 100 days, posting a change of -18.14%.
How HD’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 HD stands at 9.38. Similarly, the long-term debt-to-equity ratio is also 8.45.
HD Stock Stochastic Average
As of today, the raw stochastic average of Home Depot, Inc over the past 50 days is 3.79%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 7.83%. Additionally, the Stochastic %K and %D values for the company were 13.36% and 18.38%, respectively, over the past 20 days.
HD 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 -14.82%.However, over the last six months, we can see a stronger performance of -18.80%. Over the last 30 days, the price of HD has leaped by -10.00%. And in the last five days, it has fallen by -10.66%.
