The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Flex Ltd’s current trading price is -8.88% away from its 52-week high, while its distance from the 52-week low is 95.86%. The stock’s price range for this period has been between $25.11 and $53.97 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.02 million for the day, a number notably lower than the average daily volume of 4.5 million over the last three months.
The present stock price for Flex Ltd (FLEX) is $49.18. In the last trading session, the stock made a considerable jump, reaching $65.0 after an opening price of $49.22. The stock briefly fell to $50.0 before ending the session at $49.86.
Flex Ltd experienced a somewhat steady performance in the stock market.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Flex Ltd (FLEX) has experienced a quarterly rise of 29.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.46B and boasts a workforce of 147979 employees.
Flex Ltd: What Analysts Are Saying
As of right now, 5 analysts are rating Flex Ltd as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 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 41.88, with a change in price of +14.69. Similarly, Flex Ltd recorded 4,315,421 in trading volume during the last 100 days, posting a change of +42.59%.
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 FLEX stands at 0.84. Similarly, the long-term debt-to-equity ratio is also 0.70.
FLEX Stock Stochastic Average
Flex Ltd’s raw stochastic average for the past 50 days is presently 61.80%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 15.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 27.64% and 33.86%, respectively.
FLEX Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 74.46% this year. Over the last six months, there has been a weaker performance of 13.90%. The price of FLEX leaped by -4.84% during the last 30 days period. For the last 5-days stocks have slided -1.38%.
