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. Asure Software Inc.’s current trading price is -43.29% away from its 52-week high, while its distance from the 52-week low is 99.59%. The stock’s price range during this period has varied between $4.87 and $17.14. The company, active in the Technology sector, saw a trading volume of around 1.78 million for the day, considerably higher average daily volume of 0.26 million observed over the last three months.
Asure Software Inc. (ASUR) has a current stock price of $9.72. During the previous trading session, the stock witnessed a notable rise, reaching a high of $11.275 after opening at $11.23. The stock’s low for the day was $9.13, and it eventually closed at $11.33.
Asure Software Inc.’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $17.14 on 04/18/23, and the lowest price during that time was $4.87, recorded on 10/10/22.
How Financial Performance Impacts Market Capitalization
Asure Software Inc. (ASUR) has experienced a quarterly decline of -16.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 274.78M and boasts a workforce of 501 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 12.69, with a change in price of -4.60. Similarly, Asure Software Inc. recorded 277,855 in trading volume during the last 100 days, posting a change of -32.12%.
How ASUR’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 ASUR stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.21.
ASUR Stock Stochastic Average
As of today, the raw stochastic average of Asure Software Inc. over the last 50 days is at 9.20%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 15.49%. Further, the company’s Stochastic %K and %D values for the last 20 days were 10.93% and 7.22%, respectively.
ASUR Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 4.07% this year. Over the last six months, there has been a stronger performance of -29.21%. The price of ASUR leaped by -29.82% during the last 30 days period. For the last 5-days stocks have slided -15.92%.