Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -41.03%. However, over the past six months, we’ve seen a stronger performance of -39.83%. The price of CHPT leaped by -22.91% over the last 30 days. And in the last five days, it has fallen by -1.75%.
Currently, the stock price of ChargePoint Holdings Inc. (CHPT) is $5.62. In the most recent trading session, the stock underwent a significant upswing, peaking at $6.03 after opening at $5.96. The stock touched a low of $5.57 before closing at $6.05.
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ChargePoint Holdings Inc.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $19.92 on 09/16/22, and the lowest price during the same period was recorded at $4.96 on 09/07/23.
52-week price history of CHPT Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. ChargePoint Holdings Inc.’s current trading price is -71.79% away from its 52-week high, while its distance from the 52-week low is 13.31%. The stock’s price range for this period has been between $4.96 and $19.92. The Consumer Cyclical sector company’s shares saw a trading volume of about 16.74 million for the day, which was higher than the average daily volume of 10.27 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
ChargePoint Holdings Inc. (CHPT) has experienced a quarterly decline of -37.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.18B and boasts a workforce of 1650 employees.
Expert Opinions: Analysts’ Ratings for ChargePoint Holdings Inc.
As of right now, 16 analysts are rating ChargePoint Holdings Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.12, with a change in price of -3.22. Similarly, ChargePoint Holdings Inc. recorded 10,465,502 in trading volume during the last 100 days, posting a change of -36.43%.
CHPT’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CHPT stands at 1.07. Similarly, the long-term debt-to-equity ratio is also 1.07.
CHPT Stock Stochastic Average
As of today, the raw stochastic average of ChargePoint Holdings Inc. over the past 50 days is 15.46%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 25.29%. Additionally, the Stochastic %K and %D values for the company were 33.08% and 31.43%, respectively, over the past 20 days.
