Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 61.92%. However, over the last six months, the performance has been weaker by 9.17%. The price of META increased 5.11% over the last 30 days. And in the last five days, it has surged by 5.24%.
Meta Platforms Inc (META) current stock price is $750.01. During the last trading session, the stock soared, reaching $1086.0 after opening at $750.01. The stock’s lowest point was $658.0 before it closed at $773.44.
Meta Platforms Inc had a pretty favorable run when it comes to the market performance.
52-week price history of META 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. Meta Platforms Inc’s current trading price is -4.43% away from its 52-week high, while its distance from the 52-week low is 66.37%. The stock’s price range over this timeframe has been between $450.80 and $784.75. The shares of the Communication Services sector company recorded a trading volume of approximately 18.96 million for the day, which was comparatively higher than the average daily volume of 13.02 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Meta Platforms Inc (META) has experienced a quarterly rise of 31.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1885.64B and boasts a workforce of 74067 employees.
Expert Opinions: Analysts’ Ratings for Meta Platforms Inc
As of right now, 51 analysts are rating Meta Platforms Inc as a BUY, 9 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 638.03, with a change in price of +152.02. Similarly, Meta Platforms Inc recorded 15,513,261 in trading volume during the last 100 days, posting a change of +25.42%.
META’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 META stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.24.
META Stock Stochastic Average
Meta Platforms Inc’s raw stochastic average for the past 50 days is currently at 78.57%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 62.86%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 53.14% and 38.56%, respectively.
