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. Fortrea Holdings Inc’s current trading price is -87.69% away from its 52-week high, while its distance from the 52-week low is -1.82%. The stock’s price range during this period has varied between $4.95 and $39.49. The company, active in the Healthcare sector, saw a trading volume of around 1.84 million for the day, considerably lower average daily volume of 2.12 million observed over the last three months.
Fortrea Holdings Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $39.49 on 04/29/24, while the lowest price during the same period was $4.95 on 04/15/25.
How Financial Performance Impacts Market Capitalization
Fortrea Holdings Inc (FTRE) has experienced a quarterly decline of -72.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 438.37M and boasts a workforce of 15500 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 15.01, with a change in price of -14.00. Similarly, Fortrea Holdings Inc recorded 1,743,737 in trading volume during the last 100 days, posting a change of -74.23%.
How FTRE’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 FTRE stands at 0.88. Similarly, the long-term debt-to-equity ratio is also 0.81.
FTRE Stock Stochastic Average
As of today, the raw stochastic average of Fortrea Holdings Inc over the last 50 days is at 0.26%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 0.62%. Further, the company’s Stochastic %K and %D values for the last 20 days were 4.40% and 6.10%, respectively.
FTRE Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -73.94%. However, over the past six months, we’ve seen a stronger performance of -74.33%. The price of FTRE leaped by -51.30% over the last 30 days. And in the last five days, it has fallen by -14.74%.
