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. Cuentas Inc’s current trading price is -93.95% away from its 52-week high, while its distance from the 52-week low is 62.29%. The stock’s price range during this period has varied between $0.80 and $21.45. The company, active in the Technology sector, saw a trading volume of around 9.18 million for the day, considerably higher average daily volume of 55420.0 observed over the last three months.
Cuentas Inc (CUEN) current stock price is $1.30. During the last trading session, the stock soared, reaching $0.99 after opening at $0.98. The stock’s lowest point was $0.8501 before it closed at $0.95.
In terms of market performance, Cuentas Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $21.45 on 01/31/23, while the lowest value was $0.80 on 11/15/23.
How Financial Performance Impacts Market Capitalization
Cuentas Inc (CUEN) has experienced a quarterly decline of -57.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.73M and boasts a workforce of 5 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 2.4861, with a change in price of -3.0693. Similarly, Cuentas Inc recorded 132,475 in trading volume during the last 100 days, posting a change of -69.13%.
How CUEN’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 CUEN stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.00.
CUEN Stock Stochastic Average
As of today, the raw stochastic average of Cuentas Inc over the last 50 days is at 43.90%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 60.07%. Further, the company’s Stochastic %K and %D values for the last 20 days were 34.14% and 23.87%, respectively.
CUEN 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. Until today this year the stock’s price performance recorded a decrease of -45.04%. However, over the last six months, the performance has been stronger by -74.89%. The price of CUEN increased 9.56% over the last 30 days. And in the last five days, it has surged by 30.75%.