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PARTS iD Inc. (ID) Stock: Navigating a Year of Volatility

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. PARTS iD Inc.’s current trading price is -85.87% away from its 52-week high, while its distance from the 52-week low is 65.94%. The stock’s price range for this time frame has been between $0.17 and $2.00. The trading volume of the company’s shares in the Consumer Cyclical reached around 1.17 million for the day, which was evidently higher than the average daily volume of 0.18 million over the last three months.

The current stock price for PARTS iD Inc. (ID) is $0.28. The stock experienced a significant increase during the last trading session, reaching $0.31 after opening at $0.25. It dipped to a low of $0.23 before ultimately closing at $0.26.

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PARTS iD Inc. had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $2.00 on 10/11/22, while the lowest price during the same period was $0.17 on 04/04/23.

How Financial Performance Impacts Market Capitalization

PARTS iD Inc. (ID) has experienced a quarterly decline of -22.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.99M and boasts a workforce of 91 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 0.3865, with a change in price of -0.0175. Similarly, PARTS iD Inc. recorded 158,691 in trading volume during the last 100 days, posting a change of -5.83%.

ID Stock Stochastic Average

PARTS iD Inc.’s raw stochastic average for the past 50 days is currently at 30.11%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 46.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.05% and 30.14%, respectively.

ID 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 metric has seen a significant loss of -71.02% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 40.53%. Over the past 30 days, the price of ID has leaped by -0.35%. And in the last five days, it has surged by 25.71%.

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