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. Southwest Airlines Co’s current trading price is -10.85% away from its 52-week high, while its distance from the 52-week low is 36.56%. The stock’s price range during this period has varied between $23.58 and $36.12. The company, active in the Industrials sector, saw a trading volume of around 10.27 million for the day, considerably lower average daily volume of 13.16 million observed over the last three months.
In terms of market performance, Southwest Airlines Co had a somewhat regular. The highest value for the stock in the past year was $36.12 on 12/05/24, while the lowest value was $23.58 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Southwest Airlines Co (LUV) has experienced a quarterly rise of 0.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.35B and boasts a workforce of 72450 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How LUV’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 LUV stands at 0.85. Similarly, the long-term debt-to-equity ratio is also 0.54.
LUV Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -4.22%. However, over the last six months, the performance has been stronger by -4.11%. The price of LUV increased 1.10% over the last 30 days. And in the last five days, it has fallen by -4.08%.
