The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Until today this year the stock’s price performance recorded an increase of 29.70%. However, over the last six months, the performance has been weaker by 7.98%. The price of GT increased 6.70% over the last 30 days. And in the last five days, it has surged by 4.22%.
The stock market performance of Goodyear Tire & Rubber Co has been fairly unsteady. Over the last year, the company’s stock hit its highest at $12.58 on 07/18/24, while the lowest price during the same time frame was $7.27, recorded on 09/11/24.
52-week price history of GT Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Goodyear Tire & Rubber Co’s current trading price is -7.21% away from its 52-week high, while its distance from the 52-week low is 60.56%. The stock’s price range for this period has been between $7.27 and $12.58. The Consumer Cyclical sector company’s shares saw a trading volume of about 3.94 million for the day, which was lower than the average daily volume of 6.22 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Goodyear Tire & Rubber Co (GT) has experienced a quarterly rise of 20.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.33B and boasts a workforce of 68000 employees.
How Moving Averages and Trading Volume Data Work Together
GT’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 GT stands at 1.83. Similarly, the long-term debt-to-equity ratio is also 1.64.
