Let’s start up with the current stock price of ContextLogic Inc. (WISH), which is $0.66 to be very precise. The Stock rose vividly during the last session to $0.6441 after opening rate of $0.609 while the lowest price it went was recorded $0.5906 before closing at $0.62.
ContextLogic Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.7221 on 01/17/23, with the lowest value was $0.4621 for the same time period, recorded on 01/06/23.
ContextLogic Inc. (WISH) full year performance was -74.57%
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, ContextLogic Inc. shares are logging -77.62% during the 52-week period from high price, and 50.65% 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 $0.44 and $2.93.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 8782008 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ContextLogic Inc. (WISH) recorded performance in the market was 27.74%, having the revenues showcasing -17.26% 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 404.80M, as it employees total of 1218 workers.
ContextLogic Inc. (WISH) in the eye of market guru’s
During the last month, 0 analysts gave the ContextLogic 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 0.7569, with a change in the price was noted -0.59. In a similar fashion, ContextLogic Inc. posted a movement of -47.11% for the period of last 100 days, recording 19,609,877 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 WISH is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
ContextLogic Inc. (WISH): Stocks Technical analysis and Trends
Raw Stochastic average of ContextLogic Inc. in the period of last 50 days is set at 54.41%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 80.58%. In the last 20 days, the company’s Stochastic %K was 67.58% and its Stochastic %D was recorded 65.63%.
If we look into the earlier routines of ContextLogic Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 27.74%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -63.57%, alongside a downfall of -74.57% for the period of the last 12 months. The shares increased approximately by -2.34% in the 7-day charts and went down by 19.37% in the period of the last 30 days. Common stock shares were lifted by -17.26% during last recorded quarter.