Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Patterson-UTI Energy Inc’s current trading price is -47.38% away from its 52-week high, while its distance from the 52-week low is 15.82%. The stock’s price range over this period has fluctuated between $5.12 and $11.27. The company, operating within the financial sector, had a trading volume of approximately 9.62 million for the day, which was noticeably lower than the average daily share volume of 13.6 million over the last 3 months.
Patterson-UTI Energy Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $11.27 on 07/17/24 and the lowest value was $5.12 on 04/07/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Patterson-UTI Energy Inc (PTEN) has experienced a quarterly decline of -19.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.29B and boasts a workforce of 9200 employees.
Analyzing Trading Volume and Moving Average Trends
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 PTEN stands at 0.38. Similarly, the long-term debt-to-equity ratio is also 0.37.
PTEN 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. The metric has seen a significant loss of -28.21% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -27.59%. Over the past 30 days, the price of PTEN has fallen by 1.54%. And in the last five days, it has surged by 7.62%.
