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. Year to date metric has recorded a gain of 36.69%.However, over the last six months, we can see a stronger performance of -0.00%. Over the last 30 days, the price of AVGO has fallen by 7.90%. And in the last five days, it has fallen by -2.37%.
Broadcom Inc’s stock market performance has been consistent.
52-week price history of AVGO 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. Broadcom Inc’s current trading price is -5.82% away from its 52-week high, while its distance from the 52-week low is 94.54%. The stock’s price range over this timeframe has been between $128.50 and $265.43. The shares of the Technology sector company recorded a trading volume of approximately 42.13 million for the day, which was comparatively higher than the average daily volume of 27.55 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Broadcom Inc (AVGO) has experienced a quarterly rise of 31.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1175.82B and boasts a workforce of 37000 employees.
How Moving Averages and Trading Volume Data Work Together
AVGO’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 AVGO stands at 0.97. Similarly, the long-term debt-to-equity ratio is also 0.89.
