Nucor Corp’s stock market performance has been somewhat irregular.
52-week price history of NUE Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Nucor Corp’s current trading price is -30.28% away from its 52-week high, while its distance from the 52-week low is 21.82%. The stock’s price range during this period has fluctuated between $97.59 and $170.52. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 4.69 million for the day, which was evidently higher than the average daily volume of 2.6 million over the last three months.
Financial Performance and Market Capitalization
Nucor Corp (NUE) has experienced a quarterly decline of -11.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.43B and boasts a workforce of 32700 employees.
Moving average and trading volume data
NUE Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NUE stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.33.
NUE Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 1.86% this year. Over the last six months, there has been a stronger performance of -22.80%. The price of NUE leaped by -0.70% during the last 30 days period. For the last 5-days stocks have improved 9.58%.
