The stock price for Nike, Inc (NKE) currently stands at $74.82. The stock experienced a substantial increase in the last session, hitting $120.0 after starting at $74.82. The stock’s lowest price was $38.0 before closing at $74.62.
Nike, Inc’s market performance has been unstable in recent times.
52-week price history of NKE 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. Nike, Inc’s current trading price is -17.44% away from its 52-week high, while its distance from the 52-week low is 43.11%. The stock’s price range during the 52-week period has remained between $52.28 and $90.62. In the Consumer Cyclical sector, the company’s shares saw a trading volume of around 8.83 million for the day, which was evidently lower than the average daily volume of 16.75 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Nike, Inc (NKE) has experienced a quarterly rise of 27.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 110.50B and boasts a workforce of 77800 employees.
A Closer Look at Analysts’ Ratings for Nike, Inc
As of right now, 15 analysts are rating Nike, Inc as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 17 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 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 64.87, with a change in price of +0.65. Similarly, Nike, Inc recorded 19,379,199 in trading volume during the last 100 days, posting a change of +0.88%.
Examining NKE’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 NKE stands at 0.83. Similarly, the long-term debt-to-equity ratio is also 0.80.
NKE Stock Stochastic Average
As of today, Nike, Inc’s raw stochastic average for the last 50 days stands at 75.14%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 42.30%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 41.07% and 50.29%, respectively.
NKE 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. This year’s metric has recorded a Price decrease of -0.05%. However, over the past six months, we’ve seen a stronger performance of -2.70%. The price of NKE leaped by -2.06% over the last 30 days. And in the last five days, it has fallen by -5.58%.
