Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. General Mills, Inc’s current trading price is -33.93% away from its 52-week high, while its distance from the 52-week low is 3.21%. The stock’s price range during this period has varied between $48.59 and $75.90. The company, active in the Consumer Defensive sector, saw a trading volume of around 5.57 million for the day, considerably lower average daily volume of 5.59 million observed over the last three months.
General Mills, Inc (GIS) currently has a stock price of $50.15. The stock saw a sharp increase in the last trading session, hitting a high of $63.0 after opening at $50.15. The lowest recorded price for the day was $48.0 before it closed at $49.31.
The market performance of General Mills, Inc has been somewhat unstable.
How Financial Performance Impacts Market Capitalization
General Mills, Inc (GIS) has experienced a quarterly decline of -7.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.20B and boasts a workforce of 33000 employees.
Decoding Analysts’ Ratings for General Mills, Inc
As of right now, 2 analysts are rating General Mills, Inc as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 14 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 54.40, with a change in price of -9.41. Similarly, General Mills, Inc recorded 5,863,642 in trading volume during the last 100 days, posting a change of -15.80%.
How GIS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GIS stands at 1.66. Similarly, the long-term debt-to-equity ratio is also 1.41.
GIS Stock Stochastic Average
As of today, the raw stochastic average of General Mills, Inc over the last 50 days is at 23.64%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 48.33%. Further, the company’s Stochastic %K and %D values for the last 20 days were 28.91% and 18.96%, respectively.
GIS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -26.55%.However, over the last six months, we can see a stronger performance of -15.79%. Over the last 30 days, the price of GIS has leaped by -2.05%. And in the last five days, it has surged by 2.39%.
