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. Advent Technologies Holdings Inc’s current trading price is -77.41% away from its 52-week high, while its distance from the 52-week low is 51.47%. The stock’s price range during this period has varied between $0.34 and $2.28. The company, active in the Utilities sector, saw a trading volume of around 3.79 million for the day, considerably higher average daily volume of 0.4 million observed over the last three months.
The current stock price for Advent Technologies Holdings Inc (ADN) is $0.51. The stock experienced a significant increase during the last trading session, reaching $0.63 after opening at $0.58. It dipped to a low of $0.48 before ultimately closing at $0.46.
The market performance of Advent Technologies Holdings Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $2.28 on 12/01/22, with the lowest value for the same timeframe being $0.34, recorded on 10/05/23.
How Financial Performance Impacts Market Capitalization
Advent Technologies Holdings Inc (ADN) has experienced a quarterly decline of -18.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.89M and boasts a workforce of 175 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 0.5712, with a change in price of -0.0750. Similarly, Advent Technologies Holdings Inc recorded 510,078 in trading volume during the last 100 days, posting a change of -12.71%.
How ADN’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 ADN stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.27.
ADN Stock Stochastic Average
As of today, the raw stochastic average of Advent Technologies Holdings Inc over the past 50 days is 60.34%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 59.29%. Additionally, the Stochastic %K and %D values for the company were 51.94% and 45.67%, respectively, over the past 20 days.
ADN Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant loss of -71.55% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -39.70%. Over the past 30 days, the price of ADN has fallen by 24.43%. And in the last five days, it has surged by 20.05%.