A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Stoneridge Inc’s current trading price is -46.04% away from its 52-week high, while its distance from the 52-week low is 135.59%. The stock’s price range for this time frame has been between $3.54 and $15.45. The trading volume of the company’s shares in the Consumer Cyclical reached around 0.51 million for the day, which was evidently higher than the average daily volume of 0.4 million over the last three months.
Currently, the stock price of Stoneridge Inc (SRI) is $8.34. In the most recent trading session, the stock underwent a significant upswing, peaking at $16.0 after opening at $8.34. The stock touched a low of $16.0 before closing at $7.63.
Stoneridge Inc’s stock has had a calm market performance.
How Financial Performance Impacts Market Capitalization
Stoneridge Inc (SRI) has experienced a quarterly rise of 89.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 232.24M and boasts a workforce of 4450 employees.
Decoding Analysts’ Ratings for Stoneridge Inc
As of right now, 1 analyst is rating Stoneridge Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is 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 5.66, with a change in price of +3.33. Similarly, Stoneridge Inc recorded 354,974 in trading volume during the last 100 days, posting a change of +66.47%.
How SRI’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 SRI stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.66.
SRI Stock Stochastic Average
The raw stochastic average for Stoneridge Inc over the last 50 days is presently at 82.55%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 68.58%. Further, the company’s Stochastic %K and %D values for the last 20 days were 45.29% and 39.41%, respectively.
SRI Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -45.56%. However, over the past six months, we’ve seen a weaker performance of 82.49%. The price of SRI fallen by 2.08% over the last 30 days. And in the last five days, it has surged by 8.31%.
