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. Until today this year the stock’s price performance recorded an increase of 32.17%. However, over the last six months, the performance has been stronger by -3.86%. The price of IBM decreased -14.29% over the last 30 days. And in the last five days, it has fallen by -4.47%.
International Business Machines Corp (IBM) stock is currently valued at $250.67. During the last session, the stock experienced a remarkable rise, reaching $350.0 after opening at $250.67. The stock briefly dropped to $198.0 before ultimately closing at $251.98.
In terms of market performance, International Business Machines Corp had a fairly even.
52-week price history of IBM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. International Business Machines Corp’s current trading price is -15.36% away from its 52-week high, while its distance from the 52-week low is 37.87%. The stock’s price range during this period has varied between$181.81 and $296.16. The International Business Machines Corp’s shares, which operate in the Technology, saw a trading volume of around 5.81 million for the day, a figure considerably higher than their average daily volume of 4.26 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
International Business Machines Corp (IBM) has experienced a quarterly rise of 0.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 233.50B and boasts a workforce of 293400 employees.
International Business Machines Corp: Analysts’ Ratings Unveiled
As of right now, 8 analysts are rating International Business Machines Corp as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 260.86, with a change in price of +1.04. Similarly, International Business Machines Corp recorded 4,640,968 in trading volume during the last 100 days, posting a change of +0.42%.
IBM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for IBM stands at 2.46. Similarly, the long-term debt-to-equity ratio is also 2.11.
IBM Stock Stochastic Average
As of today, International Business Machines Corp’s raw stochastic average for the last 50 days stands at 10.01%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 11.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 10.87% and 9.44%, respectively.