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 -98.16%.However, over the last six months, we can see a stronger performance of -90.87%. Over the last 30 days, the price of NIR has leaped by -2.34%. And in the last five days, it has fallen by -32.13%.
At present, Near Intelligence Inc (NIR) has a stock price of $0.19. In the previous session, the stock saw a rise, peaking at $0.203 after an opening price of $0.17. The day’s lowest price was $0.17, and it closed at $0.17.
Near Intelligence Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $18.65 on 03/24/23, while the lowest price for the same period was registered at $0.13 on 11/09/23.
52-week price history of NIR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Near Intelligence Inc’s current trading price is -98.99% away from its 52-week high, while its distance from the 52-week low is 40.30%. The stock’s price range during this period has varied between$0.13 and $18.65. The Near Intelligence Inc’s shares, which operate in the Technology, saw a trading volume of around 2.02 million for the day, a figure considerably lower than their average daily volume of 3.59 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Near Intelligence Inc (NIR) has experienced a quarterly decline of -57.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.73M and boasts a workforce of 4 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6357, with a change in price of -1.4220. Similarly, Near Intelligence Inc recorded 2,688,757 in trading volume during the last 100 days, posting a change of -88.32%.
NIR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NIR stands at 26.82. Similarly, the long-term debt-to-equity ratio is also 0.90.
NIR Stock Stochastic Average
Near Intelligence Inc’s raw stochastic average for the past 50 days is presently 10.07%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 26.84%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 23.28% and 27.14%, respectively.