Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant gain of 31.80% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 5.70%. Over the past 30 days, the price of WFC has fallen by 7.41%. And in the last five days, it has fallen by -3.78%.
The current stock price for Wells Fargo & Co (WFC) is $80.28. The stock experienced a significant increase during the last trading session, reaching $93.0 after opening at $80.28. It dipped to a low of $69.0 before ultimately closing at $80.64.
The stock market performance of Wells Fargo & Co has been very steady.
52-week price history of WFC 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. Wells Fargo & Co’s current trading price is -4.37% away from its 52-week high, while its distance from the 52-week low is 60.08%. The stock’s price range over this timeframe has been between $50.15 and $83.94. The shares of the Financial sector company recorded a trading volume of approximately 14.45 million for the day, which was comparatively lower than the average daily volume of 17.65 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Wells Fargo & Co (WFC) has experienced a quarterly rise of 24.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 261.25B and boasts a workforce of 217000 employees.
Expert Opinions: Analysts’ Ratings for Wells Fargo & Co
As of right now, 12 analysts are rating Wells Fargo & Co as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 73.50, with a change in price of +4.28. Similarly, Wells Fargo & Co recorded 18,597,424 in trading volume during the last 100 days, posting a change of +5.63%.
WFC’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 WFC stands at 2.01. Similarly, the long-term debt-to-equity ratio is also 0.97.
WFC Stock Stochastic Average
The raw stochastic average for Wells Fargo & Co over the last 50 days is presently at 69.59%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 59.84%. Further, the company’s Stochastic %K and %D values for the last 20 days were 62.13% and 62.53%, respectively.
