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DBX: Riding the Market Waves of Growth and Decline in 2023

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. Year to date metric has recorded a loss of -4.33%.However, over the last six months, we can see a weaker performance of 8.95%. Over the last 30 days, the price of DBX has fallen by 4.55%. And in the last five days, it has fallen by -2.44%.

Dropbox Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $33.33 on 01/28/25 and the lowest value was $20.68 on 06/20/24.

52-week price history of DBX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Dropbox Inc’s current trading price is -13.77% away from its 52-week high, while its distance from the 52-week low is 38.97%. The stock’s price range during this period has varied between$20.68 and $33.33. The Dropbox Inc’s shares, which operate in the Technology, saw a trading volume of around 2.47 million for the day, a figure considerably lower than their average daily volume of 4.32 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Dropbox Inc (DBX) has experienced a quarterly rise of 7.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.09B and boasts a workforce of 2204 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 28.72, with a change in price of -2.01. Similarly, Dropbox Inc recorded 3,910,247 in trading volume during the last 100 days, posting a change of -6.54%.

DBX Stock Stochastic Average

Dropbox Inc’s raw stochastic average for the past 50 days is presently 72.24%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 29.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 38.80% and 46.90%, respectively.

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