Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. FTC Solar Inc’s current trading price is -89.23% away from its 52-week high, while its distance from the 52-week low is 47.71%. The stock’s price range over this period has fluctuated between $0.28 and $3.87. The company, operating within the financial sector, had a trading volume of approximately 0.99 million for the day, which was noticeably higher than the average daily share volume of 0.84 million over the last 3 months.
FTC Solar Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $3.87 on 08/01/23, while the lowest value for the same period was recorded at $0.28 on 11/08/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
FTC Solar Inc (FTCI) has experienced a quarterly decline of -45.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 52.09M and boasts a workforce of 221 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6679, with a change in price of -0.8925. Similarly, FTC Solar Inc recorded 1,560,904 in trading volume during the last 100 days, posting a change of -67.87%.
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 FTCI stands at 0.15. Similarly, the long-term debt-to-equity ratio is also 0.02.
FTCI Stock Stochastic Average
Today, FTC Solar Inc’s raw stochastic average for the past 50 days stands at 9.46%, indicating a decline from the raw stochastic average of the last 20 days, which was 10.83%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 12.78% and 14.58% respectively.
FTCI 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. The index has shown a price loss of -39.85% this year. Over the last six months, there has been a stronger performance of -68.43%. The price of FTCI leaped by -31.14% during the last 30 days period. For the last 5-days stocks have slided -17.66%.
