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. Grocery Outlet Holding Corp’s current trading price is -42.19% away from its 52-week high, while its distance from the 52-week low is 30.99%. The stock’s price range during this period has varied between $10.26 and $23.25. The company, active in the Consumer Defensive sector, saw a trading volume of around 3.55 million for the day, considerably lower average daily volume of 3.62 million observed over the last three months.
Grocery Outlet Holding Corp’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $23.25 on 05/22/24, and the lowest price during that time was $10.26, recorded on 02/26/25.
How Financial Performance Impacts Market Capitalization
Grocery Outlet Holding Corp (GO) has experienced a quarterly decline of -15.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.32B and boasts a workforce of 2307 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 14.82, with a change in price of -2.32. Similarly, Grocery Outlet Holding Corp recorded 2,966,877 in trading volume during the last 100 days, posting a change of -14.72%.
How GO’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 GO stands at 1.48. Similarly, the long-term debt-to-equity ratio is also 1.40.
GO Stock Stochastic Average
As of today, the raw stochastic average of Grocery Outlet Holding Corp over the last 50 days is at 32.31%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 4.08%. Further, the company’s Stochastic %K and %D values for the last 20 days were 15.13% and 19.84%, respectively.
GO 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 -13.90%. However, over the last six months, the performance has been stronger by -24.58%. The price of GO decreased -16.63% over the last 30 days. And in the last five days, it has fallen by -0.30%.
