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Analyzing the Impact of Earnings Reports on ChargePoint Holdings Inc Inc. (CHPT) Price Performance

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. The metric has seen a significant loss of -67.58% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -62.22%. Over the past 30 days, the price of CHPT has leaped by -4.63%. And in the last five days, it has surged by 14.87%.

The current stock price for ChargePoint Holdings Inc (CHPT) is $3.09. The stock experienced a significant increase during the last trading session, reaching $3.54 after opening at $3.27. It dipped to a low of $3.23 before ultimately closing at $3.32.

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In terms of market performance, ChargePoint Holdings Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $13.65 on 02/02/23, while the lowest value was $2.38 on 10/30/23.

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 -77.36% away from its 52-week high, while its distance from the 52-week low is 29.56%. The stock’s price range for this period has been between $2.38 and $13.65. The Consumer Cyclical sector company’s shares saw a trading volume of about 5.74 million for the day, which was lower than the average daily volume of 14.85 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

ChargePoint Holdings Inc (CHPT) has experienced a quarterly decline of -56.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.11B and boasts a workforce of 1650 employees.

Expert Opinions: Analysts’ Ratings for ChargePoint Holdings Inc

As of right now, 17 analysts are rating ChargePoint Holdings Inc as a BUY, 1 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 0 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 5.93, with a change in price of -4.78. Similarly, ChargePoint Holdings Inc recorded 12,889,225 in trading volume during the last 100 days, posting a change of -60.74%.

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 1.14. Similarly, the long-term debt-to-equity ratio is also 1.14.

CHPT Stock Stochastic Average

As of today, the raw stochastic average of ChargePoint Holdings Inc over the past 50 days is 17.87%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 61.04%. Additionally, the Stochastic %K and %D values for the company were 70.32% and 57.03%, respectively, over the past 20 days.

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