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. Nordstrom, Inc’s current trading price is -1.68% away from its 52-week high, while its distance from the 52-week low is 26.32%. The stock’s price range during this period has varied between $19.45 and $24.99. The company, active in the Consumer Cyclical sector, saw a trading volume of around 5.57 million for the day, considerably higher average daily volume of 3.31 million observed over the last three months.
Nordstrom, Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $24.99 on 11/25/24, and the lowest price during the same period was recorded at $19.45 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Nordstrom, Inc (JWN) has experienced a quarterly rise of 1.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.11B and boasts a workforce of 55000 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 24.17, with a change in price of +1.22. Similarly, Nordstrom, Inc recorded 3,139,008 in trading volume during the last 100 days, posting a change of +5.22%.
How JWN’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 JWN stands at 3.81. Similarly, the long-term debt-to-equity ratio is also 3.54.
JWN Stock Stochastic Average
As of today, the raw stochastic average of Nordstrom, Inc over the past 50 days is 98.10%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 95.40%. Additionally, the Stochastic %K and %D values for the company were 94.41% and 93.37%, respectively, over the past 20 days.
JWN 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. Year to date metric has recorded a gain of 1.74%.However, over the last six months, we can see a weaker performance of 7.25%. Over the last 30 days, the price of JWN has fallen by 3.32%. And in the last five days, it has surged by 1.49%.
