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HD’s Stock Tango: The Dance of Gains and Losses in 2023

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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. Year to date metric has recorded a loss of -2.66%.However, over the last six months, we can see a stronger performance of -7.26%. Over the last 30 days, the price of HD has fallen by 6.92%. And in the last five days, it has surged by 3.77%.

Home Depot, Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $439.37 on 11/26/24, while the lowest value for the same period was recorded at $323.77 on 05/29/24.

52-week price history of HD Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Home Depot, Inc’s current trading price is -13.82% away from its 52-week high, while its distance from the 52-week low is 16.94%. The stock’s price range during this time has been between $323.77 and $439.37. The trading volume for the Consumer Cyclical sector company’s shares reached about 2.83 million for the day, which was lower than the average daily volume of 3.84 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Home Depot, Inc (HD) has experienced a quarterly decline of -8.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 376.33B and boasts a workforce of 470100 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 380.01, with a change in price of -15.19. Similarly, Home Depot, Inc recorded 3,501,706 in trading volume during the last 100 days, posting a change of -3.86%.

HD’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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

Today, Home Depot, Inc’s raw stochastic average for the past 50 days stands at 85.14%, indicating a decline from the raw stochastic average of the last 20 days, which was 93.95%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 84.73% and 84.45% respectively.

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