The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Gartner, Inc’s current trading price is -57.96% away from its 52-week high, while its distance from the 52-week low is -24.90%. The stock’s price range for this period has been between $326.93 and $584.01 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.18 million for the day, a number notably higher than the average daily volume of 0.81 million over the last three months.
Gartner, Inc (IT) stock is currently valued at $245.54. During the last session, the stock experienced a remarkable rise, reaching $540.0 after opening at $241.19. The stock briefly dropped to $345.0 before ultimately closing at $336.71.
Gartner, Inc ‘s stock market performance has been somewhat erratic.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gartner, Inc (IT) has experienced a quarterly decline of -42.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.90B and boasts a workforce of 21044 employees.
Gartner, Inc: What Analysts Are Saying
As of right now, 3 analysts are rating Gartner, Inc as a BUY, 2 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 1 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 406.47, with a change in price of -216.68. Similarly, Gartner, Inc recorded 820,753 in trading volume during the last 100 days, posting a change of -47.13%.
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 IT stands at 1.93. Similarly, the long-term debt-to-equity ratio is also 1.86.
IT Stock Stochastic Average
As of today, Gartner, Inc’s raw stochastic average for the last 50 days stands at 5.60%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 7.07%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.29% and 5.03%, respectively.
IT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -50.22%. However, over the last six months, the performance has been stronger by -55.18%. The price of IT decreased -38.57% over the last 30 days. And in the last five days, it has fallen by -29.93%.
