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. The index has shown a price gain of 3.45% this year. Over the last six months, there has been a stronger performance of -4.18%. The price of PAA fallen by 7.48% during the last 30 days period. For the last 5-days stocks have improved 3.03%.
The market performance of Plains All American Pipeline LP’s stock has been harmonious in recent times.
52-week price history of PAA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Plains All American Pipeline LP’s current trading price is -15.86% away from its 52-week high, while its distance from the 52-week low is 13.45%. The stock’s price range during this period has varied between$15.57 and $21.00. The Plains All American Pipeline LP’s shares, which operate in the Energy, saw a trading volume of around 4.02 million for the day, a figure considerably higher than their average daily volume of 3.53 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Plains All American Pipeline LP (PAA) has experienced a quarterly decline of -8.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.43B and boasts a workforce of 4200 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
PAA’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 PAA stands at 0.93. Similarly, the long-term debt-to-equity ratio is also 0.88.
