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. Next.e.GO N.V.’s current trading price is -99.33% away from its 52-week high, while its distance from the 52-week low is -21.19%. The stock’s price range during this period has varied between $0.11 and $12.80. The company, active in the Consumer Cyclical sector, saw a trading volume of around 7.13 million for the day, considerably higher average daily volume of 1.26 million observed over the last three months.
Next.e.GO N.V.’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
Next.e.GO N.V. (EGOX) has experienced a quarterly decline of -85.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.04M and boasts a workforce of 3 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How EGOX’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 EGOX stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.00.
EGOX Stock Stochastic Average
As of today, the raw stochastic average of Next.e.GO N.V. over the past 50 days is 2.49%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 6.46%. Additionally, the Stochastic %K and %D values for the company were 4.88% and 5.44%, respectively, over the past 20 days.
EGOX Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -81.37%.However, over the last six months, we can see a stronger performance of -99.24%. Over the last 30 days, the price of EGOX has leaped by -65.11%. And in the last five days, it has fallen by -33.41%.
