The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Newell Brands Inc’s current trading price is -49.19% away from its 52-week high, while its distance from the 52-week low is 41.82%. The stock’s price range for this period has been between $4.22 and $11.78 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 2.82 million for the day, a number notably lower than the average daily volume of 9.39 million over the last three months.
Newell Brands Inc (NWL) stock is currently valued at $5.99. During the last session, the stock experienced a remarkable rise, reaching $11.0 after opening at $5.97. The stock briefly dropped to $5.5 before ultimately closing at $5.63.
Newell Brands Inc experienced a rather shaky stock market performance.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Newell Brands Inc (NWL) has experienced a quarterly rise of 31.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.50B and boasts a workforce of 23700 employees.
Newell Brands Inc: What Analysts Are Saying
As of right now, 2 analysts are rating Newell Brands Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.64, with a change in price of -0.65. Similarly, Newell Brands Inc recorded 9,359,300 in trading volume during the last 100 days, posting a change of -9.76%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NWL stands at 2.03. Similarly, the long-term debt-to-equity ratio is also 1.84.
NWL Stock Stochastic Average
Newell Brands Inc’s raw stochastic average for the past 50 days is presently 90.34%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 89.27%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 65.54% and 56.40%, respectively.
NWL Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded a decrease of -8.35%. However, over the last six months, the performance has been stronger by -40.86%. The price of NWL increased 10.63% over the last 30 days. And in the last five days, it has surged by 10.42%.
