Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Allegro Microsystems Inc’s current trading price is -40.81% away from its 52-week high, while its distance from the 52-week low is 7.33%. The stock’s price range over this period has fluctuated between $18.34 and $33.26. The company, operating within the financial sector, had a trading volume of approximately 2.59 million for the day, which was noticeably lower than the average daily share volume of 3.37 million over the last 3 months.
Allegro Microsystems Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $33.26 on 07/16/24, while the lowest value for the same period was recorded at $18.34 on 04/08/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Allegro Microsystems Inc (ALGM) has experienced a quarterly decline of -14.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.62B and boasts a workforce of 4593 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.68, with a change in price of +0.36. Similarly, Allegro Microsystems Inc recorded 2,887,427 in trading volume during the last 100 days, posting a change of +1.90%.
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 ALGM stands at 0.43. Similarly, the long-term debt-to-equity ratio is also 0.42.
ALGM Stock Stochastic Average
Today, Allegro Microsystems Inc’s raw stochastic average for the past 50 days stands at 11.39%, indicating a decline from the raw stochastic average of the last 20 days, which was 13.18%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.64% and 37.18% respectively.
ALGM 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. The index has shown a price loss of -9.95% this year. Over the last six months, there has been a stronger performance of -7.36%. The price of ALGM leaped by -26.93% during the last 30 days period. For the last 5-days stocks have improved 3.99%.
