ABB Ltd (ABB): How investors can get the most out of their investments
Posted On March 24, 2022
Let’s start up with the current stock price of ABB Ltd (ABB), which is $34.83 to be very precise. The Stock rose vividly during the last session to $35.10 after opening rate of $34.83 while the lowest price it went was recorded $34.71 before closing at $35.31.Recently in News on March 1, 2022, ABB Publishes ESEF Version of 2021 Annual Report. ABB Ltd files the European Single Electronic Format (ESEF) version of the 2021 annual report with the Swedish Financial Supervisory Authority and publishes it on the website. It is now available electronically at www.abb.com/groupreports. The format of the report is Extensible Hypertext Markup Language (xHTML). In line with the ESEF requirements, the primary financial statements have been labelled with XBRL tags. You can read further details here
ABB Ltd had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $39.11 on 01/05/22, with the lowest value was $30.42 for the same time period, recorded on 03/07/22.
ABB Ltd (ABB) full year performance was 12.90%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ABB Ltd shares are logging -10.94% during the 52-week period from high price, and 15.83% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $30.07 and $39.11.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2742073 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ABB Ltd (ABB) recorded performance in the market was -8.75%, having the revenues showcasing -5.86% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 70.55B, as it employees total of 104400 workers.
Specialists analysis on ABB Ltd (ABB)
During the last month, 8 analysts gave the ABB Ltd a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 16 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 35.38, with a change in the price was noted +1.63. In a similar fashion, ABB Ltd posted a movement of +4.91% for the period of last 100 days, recording 1,951,179 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ABB is recording 0.36 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.27.
Trends and Technical analysis: ABB Ltd (ABB)
Raw Stochastic average of ABB Ltd in the period of last 50 days is set at 53.65%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.64%. In the last 20 days, the company’s Stochastic %K was 91.29% and its Stochastic %D was recorded 94.31%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -8.75%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -1.05%, alongside a boost of 12.90% for the period of the last 12 months. The shares increased approximately by 0.40% in the 7-day charts and went down by 3.11% in the period of the last 30 days. Common stock shares were lifted by -5.86% during last recorded quarter.