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. Macy’s Inc’s current trading price is -29.92% away from its 52-week high, while its distance from the 52-week low is 30.17%. The stock’s price range over this period has fluctuated between $9.76 and $18.13. The company, operating within the financial sector, had a trading volume of approximately 7.44 million for the day, which was noticeably higher than the average daily share volume of 6.94 million over the last 3 months.
The stock price for Macy’s Inc (M) currently stands at $12.7. The stock experienced a substantial increase in the last session, hitting $23.11 after starting at $12.75. The stock’s lowest price was $6.0 before closing at $12.21.
The market performance of Macy’s Inc’s stock has been turbulent in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Macy’s Inc (M) has experienced a quarterly rise of 18.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.45B and boasts a workforce of 94189 employees.
Macy’s Inc: What Analysts Are Saying
As of right now, 2 analysts are rating Macy’s Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.16, with a change in price of -1.77. Similarly, Macy’s Inc recorded 7,449,781 in trading volume during the last 100 days, posting a change of -12.16%.
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 M stands at 1.27. Similarly, the long-term debt-to-equity ratio is also 1.27.
M Stock Stochastic Average
Today, Macy’s Inc’s raw stochastic average for the past 50 days stands at 77.64%, indicating a rise from the raw stochastic average of the last 20 days, which was 76.13%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 68.51% and 64.48% respectively.
M Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -22.77%. However, over the past six months, we’ve seen a stronger performance of -9.19%. The price of M fallen by 14.98% over the last 30 days. And in the last five days, it has surged by 5.26%.
