The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 11.53%.However, over the last six months, we can see a weaker performance of 14.73%. Over the last 30 days, the price of ARMK has fallen by 2.86%. And in the last five days, it has fallen by -1.35%.
Aramark’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $33.04 on 03/13/24 and a low of $23.94 for the same time frame on 03/24/23.
52-week price history of ARMK Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Aramark’s current trading price is -5.15% away from its 52-week high, while its distance from the 52-week low is 30.92%. The stock’s price range during this period has varied between$23.94 and $33.04. The Aramark’s shares, which operate in the Industrials, saw a trading volume of around 3.3 million for the day, a figure considerably higher than their average daily volume of 2.32 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Aramark (ARMK) has experienced a quarterly rise of 11.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.23B and boasts a workforce of 262550 employees.
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 28.97, with a change in price of +4.63. Similarly, Aramark recorded 2,898,441 in trading volume during the last 100 days, posting a change of +17.33%.
ARMK’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 ARMK stands at 2.20. Similarly, the long-term debt-to-equity ratio is also 2.17.
ARMK Stock Stochastic Average
As of today, Aramark’s raw stochastic average for the last 50 days stands at 64.17%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 44.44%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 49.94% and 49.86%, respectively.
