The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Apple Inc’s current trading price is -11.82% away from its 52-week high, while its distance from the 52-week low is 35.54%. The stock’s price range for this period has been between $169.21 and $260.10 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 111.35 million for the day, a number notably higher than the average daily volume of 54.78 million over the last three months.
Apple Inc (AAPL) stock is currently valued at $229.35. During the last session, the stock experienced a remarkable rise, reaching $300.0 after opening at $229.35. The stock briefly dropped to $175.0 before ultimately closing at $220.03.
Apple Inc’s market performance has been unstable in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Apple Inc (AAPL) has experienced a quarterly rise of 16.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3403.64B and boasts a workforce of 164000 employees.
Apple Inc: What Analysts Are Saying
As of right now, 23 analysts are rating Apple Inc as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 15 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 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 206.31, with a change in price of +15.35. Similarly, Apple Inc recorded 60,151,449 in trading volume during the last 100 days, posting a change of +7.17%.
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 AAPL stands at 1.54. Similarly, the long-term debt-to-equity ratio is also 1.25.
AAPL Stock Stochastic Average
As of today, Apple Inc’s raw stochastic average for the last 50 days stands at 95.41%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 94.41%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 90.82% and 62.85%, respectively.
AAPL Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 10.67%. However, over the last six months, the performance has been stronger by -1.66%. The price of AAPL increased 7.98% over the last 30 days. And in the last five days, it has surged by 13.33%.