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. Fisker Inc.’s current trading price is -30.37% away from its 52-week high, while its distance from the 52-week low is 63.66%. The stock’s price range during this period has varied between $4.26 and $10.02. The company, active in the Consumer Cyclical sector, saw a trading volume of around 13.43 million for the day, considerably higher average daily volume of 8.5 million observed over the last three months.
Fisker Inc. (FSR) currently has a stock price of $6.98. The stock saw a sharp increase in the last trading session, hitting a high of $7.05 after opening at $6.72. The lowest recorded price for the day was $6.65 before it closed at $6.65.
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
The market performance of Fisker Inc. has been somewhat unstable. Over the past year, the company’s stock achieved a high of $10.02 on 09/16/22, with the lowest value for the same timeframe being $4.26, recorded on 04/21/23.
How Financial Performance Impacts Market Capitalization
Fisker Inc. (FSR) has experienced a quarterly rise of 15.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.28B and boasts a workforce of 850 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 6.02, with a change in price of +2.47. Similarly, Fisker Inc. recorded 8,618,330 in trading volume during the last 100 days, posting a change of +54.77%.
How FSR’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 FSR stands at 1.56. Similarly, the long-term debt-to-equity ratio is also 1.56.
FSR Stock Stochastic Average
As of today, the raw stochastic average of Fisker Inc. over the last 50 days is at 87.30%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 95.57%. Further, the company’s Stochastic %K and %D values for the last 20 days were 90.97% and 88.32%, respectively.
FSR Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -3.99%.However, over the last six months, we can see a weaker performance of 15.95%. Over the last 30 days, the price of FSR has fallen by 28.78%. And in the last five days, it has surged by 11.86%.
