The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Pinterest Inc’s current trading price is -4.47% away from its 52-week high, while its distance from the 52-week low is 64.99%. The stock’s price range for this period has been between $23.68 and $40.90 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 8.66 million for the day, a number notably lower than the average daily volume of 10.73 million over the last three months.
The present stock price for Pinterest Inc (PINS) is $39.07. In the last trading session, the stock made a considerable jump, reaching $50.0 after an opening price of $39.07. The stock briefly fell to $25.0 before ending the session at $37.76.
In terms of market performance, Pinterest Inc had a fairly even.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Pinterest Inc (PINS) has experienced a quarterly rise of 45.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.44B and boasts a workforce of 4666 employees.
Pinterest Inc: What Analysts Are Saying
As of right now, 29 analysts are rating Pinterest Inc as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 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 32.20, with a change in price of +7.68. Similarly, Pinterest Inc recorded 11,492,798 in trading volume during the last 100 days, posting a change of +24.47%.
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 PINS stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.03.
PINS Stock Stochastic Average
Pinterest Inc’s raw stochastic average for the past 50 days is presently 90.93%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 82.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 70.52% and 72.57%, respectively.
PINS 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. The index has shown a price gain of 22.28% this year. Over the last six months, there has been a weaker performance of 18.54%. The price of PINS fallen by 9.50% during the last 30 days period. For the last 5-days stocks have improved 1.43%.