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. Airspan Networks Holdings Inc’s current trading price is -95.29% away from its 52-week high, while its distance from the 52-week low is -4.55%. The stock’s price range during this period has varied between $0.11 and $2.23. The company, active in the Communication Services sector, saw a trading volume of around 0.92 million for the day, considerably lower average daily volume of 1.22 million observed over the last three months.
Airspan Networks Holdings Inc (MIMO) has a current stock price of $0.10. During the previous trading session, the stock witnessed a notable rise, reaching a high of $0.12 after opening at $0.12. The stock’s low for the day was $0.10, and it eventually closed at $0.12.
Airspan Networks Holdings Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $2.23 on 11/21/22, and the lowest price during the same period was recorded at $0.11 on 11/17/23.
How Financial Performance Impacts Market Capitalization
Airspan Networks Holdings Inc (MIMO) has experienced a quarterly decline of -26.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.84M and boasts a workforce of 669 employees.
Decoding Analysts’ Ratings for Airspan Networks Holdings Inc
As of right now, 1 analyst is rating Airspan Networks Holdings Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 0.1456, with a change in price of -0.0609. Similarly, Airspan Networks Holdings Inc recorded 2,076,149 in trading volume during the last 100 days, posting a change of -36.71%.
MIMO Stock Stochastic Average
As of today, the raw stochastic average of Airspan Networks Holdings Inc over the past 50 days is 3.65%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 6.63%. Additionally, the Stochastic %K and %D values for the company were 8.37% and 10.52%, respectively, over the past 20 days.
MIMO Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -91.98% this year. Over the last six months, there has been a stronger performance of -62.50%. The price of MIMO leaped by -25.05% during the last 30 days period. For the last 5-days stocks have slided -32.48%.