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. Impinj Inc’s current trading price is -12.69% away from its 52-week high, while its distance from the 52-week low is 157.47%. The stock’s price range over this period has fluctuated between $48.39 and $142.70. The company, operating within the financial sector, had a trading volume of approximately 0.98 million for the day, which was noticeably higher than the average daily share volume of 0.4 million over the last 3 months.
Impinj Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $142.70 on 04/19/23 and the lowest value was $48.39 on 10/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Impinj Inc (PI) has experienced a quarterly rise of 55.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.39B and boasts a workforce of 475 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 89.29, with a change in price of +72.72. Similarly, Impinj Inc recorded 450,766 in trading volume during the last 100 days, posting a change of +140.20%.
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 PI stands at 8.63. Similarly, the long-term debt-to-equity ratio is also 8.53.
PI Stock Stochastic Average
Today, Impinj Inc’s raw stochastic average for the past 50 days stands at 86.23%, indicating a rise from the raw stochastic average of the last 20 days, which was 78.35%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 79.81% and 85.26% respectively.
PI Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 38.39% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 96.58%. Over the past 30 days, the price of PI has fallen by 20.97%. And in the last five days, it has surged by 8.24%.
