The Walt Disney Company, traded under the stock symbol DIS, is a large publicly traded company based in the United States. As of the 3rd of February 2023, its market capitalization was estimated at $202 bln. This figure is calculated by multiplying the current share price of $109.24 with the total outstanding shares of 1.83 billion.
The Walt Disney Company’s market capitalization has been steadily increasing since 1st February 2023 when it stood at $199 bln to today’s amount of $202 bln. Similarly, its 50-day and 200-day average prices have been trending upwards in the past few months from $98 and $102 respectively on 1st February to their current levels of $109 and $112 respectively as of 3rd February 2023.
The Walt Disney Company’s financial position appears to be strong and healthy judged by these figures. Its current share price is significantly higher than both its 50-day and 200-day average prices which show that there is an overall upward trend in its price movements over time. Furthermore, its steady increase in market capitalization further suggests that it has a solid financial foundation - justifying investor confidence in this company’s prospects for continued success in the future.
