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SLM Corporation (SLM) Stock: A Closer Look at the Moving Averages

The stock of SLM Corporation (SLM) has gone up by 1.25% for the week, with a 5.21% rise in the past month and a 6.89% rise in the past quarter. The volatility ratio for the week is 2.74%, and the volatility levels for the past 30 days are 3.21% for SLM. The simple moving average for the last 20 days is 3.21% for SLM stock, with a simple moving average of 0.48% for the last 200 days.

Is It Worth Investing in SLM Corporation (NASDAQ: SLM) Right Now?

The price-to-earnings ratio for SLM Corporation (NASDAQ: SLM) is above average at 8.96x, while the 36-month beta value is 1.22.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”

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The average price point forecasted by analysts for SLM Corporation (SLM) is $18.08, which is $2.81 above the current market price. The public float for SLM is 238.68M, and currently, short sellers hold a 3.61% ratio of that floaft. The average trading volume of SLM on May 24, 2023 was 2.84M shares.

SLM) stock’s latest price update

SLM Corporation (NASDAQ: SLM)’s stock price has increased by 0.07 compared to its previous closing price of 15.35. However, the company has seen a 1.25% increase in its stock price over the last five trading sessions.

SLM Trading at 12.22% from the 50-Day Moving Average

After a stumble in the market that brought SLM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.85% of loss for the given period.

Volatility was left at 3.21%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares surge +6.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.39% upper at present.

During the last 5 trading sessions, SLM rose by +1.25%, which changed the moving average for the period of 200-days by +0.20% in comparison to the 20-day moving average, which settled at $14.93. In addition, SLM Corporation saw -7.47% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SLM

Current profitability levels for the company are sitting at:

  • +34.11 for the present operating margin
  • +83.37 for the gross margin

The net margin for SLM Corporation stands at +19.79. The total capital return value is set at 10.75, while invested capital returns managed to touch 6.24. Equity return is now at value 27.50, with 1.60 for asset returns.

Based on SLM Corporation (SLM), the company’s capital structure generated 303.14 points at debt to equity in total, while total debt to capital is 75.19. Total debt to assets is 18.17, with long-term debt to equity ratio resting at 354.71. Finally, the long-term debt to capital ratio is 75.19.

When we switch over and look at the enterprise to sales, we see a ratio of 1.63, with the company’s debt to enterprise value settled at 1.04. The receivables turnover for the company is 1.56 and the total asset turnover is 0.08.

Conclusion

In a nutshell, SLM Corporation (SLM) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.