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 an increase of 20.40%. However, over the last six months, the performance has been weaker by 34.13%. The price of DRI increased 8.56% over the last 30 days. And in the last five days, it has surged by 3.20%.
The market performance of Darden Restaurants, Inc has been somewhat stable.
52-week price history of DRI Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Darden Restaurants, Inc’s current trading price is -0.97% away from its 52-week high, while its distance from the 52-week low is 65.44%. The stock’s price range over this timeframe has been between $135.87 and $226.98. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 1.06 million for the day, which was comparatively lower than the average daily volume of 1.48 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Darden Restaurants, Inc (DRI) has experienced a quarterly rise of 12.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.30B and boasts a workforce of 191105 employees.
How Moving Averages and Trading Volume Data Work Together
DRI’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for DRI stands at 3.56. Similarly, the long-term debt-to-equity ratio is also 3.43.
