LMP Automotive Holdings Inc. (LMPX) distance from 20-day Simple moving Average is 54.20%: What to Expect?

At the end of the latest market close, LMP Automotive Holdings Inc. (LMPX) was valued at $13.41. In that particular session, Stock kicked-off at the price of $15.45 while reaching the peak value of $19.1368 and lowest value recorded on the day was $14.65. The stock current value is $17.66.

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, LMP Automotive Holdings Inc. shares are logging -64.18% during the 52-week period from high price, and 438.41% 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 $3.28 and $49.30.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1601519 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 LMP Automotive Holdings Inc. (LMPX) recorded performance in the market was -1.00%, having the revenues showcasing 37.22% 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 132.80M, as it employees total of 14 workers.

Analysts verdict on LMP Automotive Holdings Inc. (LMPX)

During the last month, 0 analysts gave the LMP Automotive Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 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 8.67, with a change in the price was noted +12.38. In a similar fashion, LMP Automotive Holdings Inc. posted a movement of +234.47% for the period of last 100 days, recording 214,170 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 LMPX is recording 0.19 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.14.

LMP Automotive Holdings Inc. (LMPX): Technical Analysis

Raw Stochastic average of LMP Automotive Holdings Inc. in the period of last 50 days is set at 88.72%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 88.21%. In the last 20 days, the company’s Stochastic %K was 86.03% and its Stochastic %D was recorded 86.12%.

Let’s take a glance in the erstwhile performances of LMP Automotive Holdings Inc., 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 -1.00%. The shares increased approximately by 42.30% in the 7-day charts and went down by 134.22% in the period of the last 30 days. Common stock shares were driven by 37.22% during last recorded quarter.