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 -19.22% away from its 52-week high, while its distance from the 52-week low is 9.62%. 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 1.09 million for the day, considerably lower average daily volume of 3.8 million observed over the last three months.
Home Depot, Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $439.37 on 11/26/24, while the lowest price during the same period was $323.77 on 05/29/24.
How Financial Performance Impacts Market Capitalization
Home Depot, Inc (HD) has experienced a quarterly decline of -13.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 352.77B 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 391.16, with a change in price of -47.32. Similarly, Home Depot, Inc recorded 3,545,005 in trading volume during the last 100 days, posting a change of -11.83%.
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 last 50 days is at 28.76%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 57.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 53.51% and 57.60%, respectively.
HD 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 -8.76%. However, over the past six months, we’ve seen a stronger performance of -14.59%. The price of HD fallen by 0.43% over the last 30 days. And in the last five days, it has surged by 0.37%.
