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. Walgreens Boots Alliance Inc’s current trading price is -42.27% away from its 52-week high, while its distance from the 52-week low is 34.53%. The stock’s price range during this period has varied between $8.08 and $18.83. The company, active in the Healthcare sector, saw a trading volume of around 7.26 million for the day, considerably lower average daily volume of 22.71 million observed over the last three months.
Walgreens Boots Alliance Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $18.83 on 05/14/24, and the lowest price during that time was $8.08, recorded on 11/21/24.
How Financial Performance Impacts Market Capitalization
Walgreens Boots Alliance Inc (WBA) has experienced a quarterly decline of -13.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.40B and boasts a workforce of 312000 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 10.46, with a change in price of +2.57. Similarly, Walgreens Boots Alliance Inc recorded 23,862,398 in trading volume during the last 100 days, posting a change of +30.96%.
How WBA’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 WBA stands at 4.38. Similarly, the long-term debt-to-equity ratio is also 3.83.
WBA Stock Stochastic Average
As of today, the raw stochastic average of Walgreens Boots Alliance Inc over the past 50 days is 61.26%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 70.83%. Additionally, the Stochastic %K and %D values for the company were 71.94% and 70.28%, respectively, over the past 20 days.
WBA 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. This year’s metric has recorded a Price increase of 16.51%. However, over the past six months, we’ve seen a stronger performance of -1.81%. The price of WBA leaped by -2.25% over the last 30 days. And in the last five days, it has surged by 0.83%.
