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Lantronix Inc: Rising -43.60% from 52-Week Low, Can the Stock Stay Afloat?

In terms of market performance, Lantronix Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $6.95 on 01/16/24, while the lowest value was $3.52 on 04/25/23.

52-week price history of LTRX Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Lantronix Inc’s current trading price is -43.60% away from its 52-week high, while its distance from the 52-week low is 11.36%. The stock’s price range for this period has remained between $3.52 and $6.95. The Technology sector company’s shares managed to surpass a trading volume of around 188.41 for the day, which was noticeably higher compared to the shares’ average daily volume of 12.7 over the last three months.

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Financial Performance and Market Capitalization

Lantronix Inc (LTRX) has experienced a quarterly decline of -3.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 146.10M.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.31, with a change in price of -1.09. Similarly, Lantronix Inc recorded 173,263 in trading volume during the last 100 days, posting a change of -21.76%.

LTRX Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for LTRX stands at 0.38. Similarly, the long-term debt-to-equity ratio is also 0.31.

LTRX Stock Stochastic Average

As of today, the raw stochastic average of Lantronix Inc over the past 50 days is 1.94%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 1.94%. Additionally, the Stochastic %K and %D values for the company were 21.65% and 23.16%, respectively, over the past 20 days.

LTRX 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 -33.11% this year. Over the last six months, there has been a stronger performance of -7.11%. The price of LTRX leaped by -35.74% during the last 30 days period. For the last 5-days stocks have slided -40.33%.

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