CHX’s Market Ups and Downs: What’s Behind the 2023 Stock Performance?

AMZN

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant loss of -8.64% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -19.09%. Over the past 30 days, the price of CHX has leaped by -1.55%. And in the last five days, it has surged by 0.49%.

ChampionX Corp’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $35.94 on 07/19/24, and the lowest price during the same period was recorded at $21.92 on 04/09/25.

52-week price history of CHX Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. ChampionX Corp’s current trading price is -30.88% away from its 52-week high, while its distance from the 52-week low is 13.32%. The stock’s price range over this timeframe has been between $21.92 and $35.94. The shares of the Energy sector company recorded a trading volume of approximately 4.84 million for the day, which was comparatively higher than the average daily volume of 4.78 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

ChampionX Corp (CHX) has experienced a quarterly decline of -11.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.76B and boasts a workforce of 7100 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 27.45, with a change in price of -3.10. Similarly, ChampionX Corp recorded 4,240,976 in trading volume during the last 100 days, posting a change of -11.10%.

CHX’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CHX stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.33.

CHX Stock Stochastic Average

The raw stochastic average for ChampionX Corp over the last 50 days is presently at 31.91%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 32.53%. Further, the company’s Stochastic %K and %D values for the last 20 days were 16.18% and 15.33%, respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Invest Chronicle
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.