The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Western Midstream Partners LP’s current trading price is -11.29% away from its 52-week high, while its distance from the 52-week low is 14.40%. The stock’s price range for this period has been between $33.60 and $43.33 The company’s shares, which are part of the Energy sector, had a trading volume of approximately 4.27 million for the day, a number notably higher than the average daily volume of 0.94 million over the last three months.
The stock of Western Midstream Partners LP (WES) is currently priced at $38.44. In the last session, the stock climbed significantly, topping out at $45.0 after opening at $38.44. The day’s lowest price was $35.0 before the stock closed at $40.33.
In terms of market performance, Western Midstream Partners LP had a fairly even.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Western Midstream Partners LP (WES) has experienced a quarterly rise of 6.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.66B and boasts a workforce of 1511 employees.
Western Midstream Partners LP: What Analysts Are Saying
As of right now, 2 analysts are rating Western Midstream Partners LP as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 8 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 38.91, with a change in price of -2.57. Similarly, Western Midstream Partners LP recorded 1,042,117 in trading volume during the last 100 days, posting a change of -6.27%.
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 WES stands at 2.19. Similarly, the long-term debt-to-equity ratio is also 2.17.
WES Stock Stochastic Average
As of today, Western Midstream Partners LP’s raw stochastic average for the last 50 days stands at 30.91%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 5.45%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 34.12% and 41.44%, respectively.
WES Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 2.10% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -6.81%. Over the past 30 days, the price of WES has leaped by -2.11%. And in the last five days, it has fallen by -5.62%.
