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. The index has shown a price gain of 15.43% this year. Over the last six months, there has been a stronger performance of -1.77%. The price of PGR leaped by -8.42% during the last 30 days period. For the last 5-days stocks have slided -2.16%.
The present stock price for Progressive Corp (PGR) is $242.04. In the last trading session, the stock made a considerable jump, reaching $336.0 after an opening price of $242.04. The stock briefly fell to $189.0 before ending the session at $241.71.
Progressive Corp experienced a somewhat steady performance in the stock market.
52-week price history of PGR Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Progressive Corp’s current trading price is -17.39% away from its 52-week high, while its distance from the 52-week low is 18.48%. The stock’s price range during this time has been between $204.29 and $292.99. The trading volume for the Financial sector company’s shares reached about 3.55 million for the day, which was higher than the average daily volume of 3.51 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Progressive Corp (PGR) has experienced a quarterly decline of -14.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 141.89B and boasts a workforce of 66308 employees.
Progressive Corp: Analysts’ Ratings Unveiled
As of right now, 7 analysts are rating Progressive Corp as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 269.11, with a change in price of -37.78. Similarly, Progressive Corp recorded 3,574,535 in trading volume during the last 100 days, posting a change of -13.50%.
PGR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PGR stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.24.
PGR Stock Stochastic Average
Today, Progressive Corp’s raw stochastic average for the past 50 days stands at 5.76%, indicating a decline from the raw stochastic average of the last 20 days, which was 12.99%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 10.68% and 11.84% respectively.
