A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Workiva Inc’s current trading price is -27.84% away from its 52-week high, while its distance from the 52-week low is 39.34%. The stock’s price range for this time frame has been between $60.50 and $116.83. The trading volume of the company’s shares in the Technology reached around 3.79 million for the day, which was evidently higher than the average daily volume of 0.56 million over the last three months.
Workiva Inc (WK) currently has a stock price of $84.3. The stock saw a sharp increase in the last trading session, hitting a high of $105.0 after opening at $84.3. The lowest recorded price for the day was $85.0 before it closed at $63.83.
Workiva Inc’s stock has seen a rocky market performance.
How Financial Performance Impacts Market Capitalization
Workiva Inc (WK) has experienced a quarterly rise of 13.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.70B and boasts a workforce of 2828 employees.
Decoding Analysts’ Ratings for Workiva Inc
As of right now, 9 analysts are rating Workiva Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 71.15, with a change in price of -0.81. Similarly, Workiva Inc recorded 664,532 in trading volume during the last 100 days, posting a change of -0.95%.
WK Stock Stochastic Average
Workiva Inc’s raw stochastic average for the past 50 days is currently at 96.97%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 96.97%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 37.85% and 27.59%, respectively.
WK Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 14.35%.However, over the last six months, we can see a stronger performance of -14.93%. Over the last 30 days, the price of WK has fallen by 24.24%. And in the last five days, it has surged by 23.99%.
