Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Garmin Ltd’s current trading price is -12.87% away from its 52-week high, while its distance from the 52-week low is 35.16%. The stock’s price range during this period has varied between $158.90 and $246.50. The company, active in the Technology sector, saw a trading volume of around 0.5 million for the day, considerably lower average daily volume of 0.98 million observed over the last three months.
Garmin Ltd’s stock has had a calm market performance. The 1-year high for the company’s stock was $246.50 on 02/19/25, and the lowest price during the same period was recorded at $158.90 on 07/05/24.
How Financial Performance Impacts Market Capitalization
Garmin Ltd (GRMN) has experienced a quarterly decline of -1.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.35B and boasts a workforce of 21800 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How GRMN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GRMN stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.02.
GRMN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 33.31%.However, over the last six months, we can see a weaker performance of 3.52%. Over the last 30 days, the price of GRMN has fallen by 5.02%. And in the last five days, it has surged by 4.69%.
