The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Color Star Technology Co Ltd’s current trading price is -90.10% away from its 52-week high, while its distance from the 52-week low is 52.72%. The stock’s price range for this period has been between $0.18 and $2.78 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 2.28 million for the day, a number notably higher than the average daily volume of 0.25 million over the last three months.
The present stock price for Color Star Technology Co Ltd (ADD) is $0.27. In the last trading session, the stock made a considerable jump, reaching $0.259 after an opening price of $0.234. The stock briefly fell to $0.234 before ending the session at $0.24.
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Color Star Technology Co Ltd saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.78 on 03/16/23, while the lowest price for the same duration was marked at $0.18 on 11/02/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Color Star Technology Co Ltd (ADD) has experienced a quarterly decline of -78.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.63M and boasts a workforce of 47 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9401, with a change in price of -1.1290. Similarly, Color Star Technology Co Ltd recorded 189,925 in trading volume during the last 100 days, posting a change of -80.64%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ADD stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ADD Stock Stochastic Average
As of today, Color Star Technology Co Ltd’s raw stochastic average for the last 50 days stands at 5.42%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 35.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 30.55% and 27.08%, respectively.
ADD Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -69.81% this year. Over the last six months, there has been a stronger performance of -77.28%. The price of ADD leaped by -3.88% during the last 30 days period. For the last 5-days stocks have improved 15.50%.
