Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Alpine 4 Holdings Inc.’s current trading price is -85.81% away from its 52-week high, while its distance from the 52-week low is -4.14%. The stock’s price range during this period has varied between $1.03 and $6.96. The company, active in the Industrials sector, saw a trading volume of around 0.5 million for the day, considerably higher average daily volume of 0.46 million observed over the last three months.
Alpine 4 Holdings Inc. (ALPP) has a current stock price of $0.99. During the previous trading session, the stock witnessed a notable rise, reaching a high of $1.15 after opening at $1.04. The stock’s low for the day was $0.94, and it eventually closed at $1.04.
Alpine 4 Holdings Inc.’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $6.96 on 11/07/22, with the lowest value being $1.03 on 09/13/23.
How Financial Performance Impacts Market Capitalization
Alpine 4 Holdings Inc. (ALPP) has experienced a quarterly decline of -63.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.83M and boasts a workforce of 495 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9743, with a change in price of -1.7646. Similarly, Alpine 4 Holdings Inc. recorded 331,623 in trading volume during the last 100 days, posting a change of -64.12%.
How ALPP’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ALPP stands at 0.61. Similarly, the long-term debt-to-equity ratio is also 0.33.
ALPP Stock Stochastic Average
As of today, the raw stochastic average of Alpine 4 Holdings Inc. over the last 50 days is at 2.87%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 8.95%. Further, the company’s Stochastic %K and %D values for the last 20 days were 5.64% and 7.43%, respectively.
ALPP Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -76.65% this year. Over the last six months, there has been a stronger performance of -76.03%. The price of ALPP leaped by -35.88% during the last 30 days period. For the last 5-days stocks have slided -24.05%.