The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Salesforce Inc’s current trading price is -27.18% away from its 52-week high, while its distance from the 52-week low is 26.75%. The stock’s price range for this period has been between $212.00 and $369.00 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 4.59 million for the day, a number notably lower than the average daily volume of 7.2 million over the last three months.
Salesforce Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $369.00 on 12/04/24, while the lowest value for the same period was recorded at $212.00 on 05/30/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Salesforce Inc (CRM) has experienced a quarterly decline of -24.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 257.82B and boasts a workforce of 76453 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 306.56, with a change in price of -62.72. Similarly, Salesforce Inc recorded 6,995,007 in trading volume during the last 100 days, posting a change of -18.92%.
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 CRM stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.18.
CRM Stock Stochastic Average
As of today, Salesforce Inc’s raw stochastic average for the last 50 days stands at 38.81%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 88.72%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 85.65% and 81.71%, respectively.
CRM Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -19.63%. However, over the last six months, the performance has been stronger by -7.49%. The price of CRM increased 0.13% over the last 30 days. And in the last five days, it has surged by 7.28%.
