Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Assure Holdings Corp.’s current trading price is -98.56% away from its 52-week high, while its distance from the 52-week low is 10.22%. The stock’s price range over this period has fluctuated between $0.25 and $19.20. The company, operating within the financial sector, had a trading volume of approximately 1.21 million for the day, which was noticeably higher than the average daily share volume of 0.84 million over the last 3 months.
Assure Holdings Corp. (IONM) stock is currently valued at $0.28. During the last session, the stock experienced a remarkable rise, reaching $0.3337 after opening at $0.3201. The stock briefly dropped to $0.2488 before ultimately closing at $0.33.
The market performance of Assure Holdings Corp.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $19.20 on 09/14/22, while the lowest value for the same duration was $0.25 on 09/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Assure Holdings Corp. (IONM) has experienced a quarterly decline of -72.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.51M and boasts a workforce of 127 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0395, with a change in price of -3.1040. Similarly, Assure Holdings Corp. recorded 793,748 in trading volume during the last 100 days, posting a change of -91.83%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for IONM stands at 10.92. Similarly, the long-term debt-to-equity ratio is also 8.46.
IONM Stock Stochastic Average
Today’s raw stochastic average for Assure Holdings Corp. over the last 50 days is 3.67%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 6.03%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 13.07% and 15.58%, respectively.
IONM 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. Until today this year the stock’s price performance recorded a decrease of -94.70%. However, over the last six months, the performance has been stronger by -93.01%. The price of IONM decreased -54.97% over the last 30 days. And in the last five days, it has fallen by -13.99%.