The present stock price for Ashland Inc (ASH) is $52.98. In the last trading session, the stock made a considerable jump, reaching $82.0 after an opening price of $52.98. The stock briefly fell to $50.0 before ending the session at $50.18.
Ashland Inc’s market performance has been unstable in recent times.
52-week price history of ASH Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Ashland Inc’s current trading price is -46.18% away from its 52-week high, while its distance from the 52-week low is 17.19%. The stock’s price range during the 52-week period has remained between $45.21 and $98.44. In the Basic Materials sector, the company’s shares saw a trading volume of around 1.37 million for the day, which was evidently higher than the average daily volume of 0.56 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Ashland Inc (ASH) has experienced a quarterly decline of -0.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.42B and boasts a workforce of 3200 employees.
A Closer Look at Analysts’ Ratings for Ashland Inc
As of right now, 6 analysts are rating Ashland Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 52.27, with a change in price of -6.66. Similarly, Ashland Inc recorded 643,423 in trading volume during the last 100 days, posting a change of -11.17%.
Examining ASH’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ASH stands at 0.79. Similarly, the long-term debt-to-equity ratio is also 0.78.
ASH Stock Stochastic Average
Ashland Inc’s raw stochastic average for the past 50 days is presently 67.72%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 55.27%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 26.58% and 21.27%, respectively.
ASH Stock Price Performance Analysis
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. The index has shown a price loss of -44.92% this year. Over the last six months, there has been a stronger performance of -25.55%. The price of ASH fallen by 5.37% during the last 30 days period. For the last 5-days stocks have improved 0.53%.
