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The Significance of Moving Averages in ShiftPixy Inc Inc. (PIXY) Price Performance

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 metric has seen a significant loss of -41.39% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -71.31%. Over the past 30 days, the price of PIXY has leaped by -23.44%. And in the last five days, it has fallen by -15.79%.

ShiftPixy Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $115.09 on 03/29/23, while the lowest value for the same period was recorded at $3.05 on 03/13/24.

52-week price history of PIXY Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. ShiftPixy Inc’s current trading price is -97.22% away from its 52-week high, while its distance from the 52-week low is 4.92%. The stock’s price range during this period has varied between$3.05 and $115.09. The ShiftPixy Inc’s shares, which operate in the Industrials, saw a trading volume of around 6.93 million for the day, a figure considerably higher than their average daily volume of 43620.0 over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

ShiftPixy Inc (PIXY) has experienced a quarterly decline of -55.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.28M and boasts a workforce of 31 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.88, with a change in price of -8.40. Similarly, ShiftPixy Inc recorded 295,117 in trading volume during the last 100 days, posting a change of -71.43%.

PIXY Stock Stochastic Average

ShiftPixy Inc’s raw stochastic average for the past 50 days is presently 7.54%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 20.61%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 25.08% and 30.05%, respectively.