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. Until today this year the stock’s price performance recorded a decrease of -25.62%. However, over the last six months, the performance has been weaker by 11.74%. The price of RCMT decreased -24.05% over the last 30 days. And in the last five days, it has fallen by -21.48%.
RCM Technologies, Inc. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $32.15 on 01/08/24, while the lowest price for the same period was registered at $10.11 on 03/23/23.
52-week price history of RCMT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. RCM Technologies, Inc.’s current trading price is -32.81% away from its 52-week high, while its distance from the 52-week low is 113.65%. The stock’s price range during this period has varied between$10.11 and $32.15. The RCM Technologies, Inc.’s shares, which operate in the Industrials, saw a trading volume of around 0.63 million for the day, a figure considerably higher than their average daily volume of 76410.0 over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
RCM Technologies, Inc. (RCMT) has experienced a quarterly decline of -18.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 169.13M and boasts a workforce of 3540 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 26.70, with a change in price of +2.20. Similarly, RCM Technologies, Inc. recorded 76,107 in trading volume during the last 100 days, posting a change of +11.34%.
RCMT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RCMT stands at 1.32. Similarly, the long-term debt-to-equity ratio is also 1.28.
RCMT Stock Stochastic Average
As of today, RCM Technologies, Inc.’s raw stochastic average for the last 50 days stands at 9.21%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 11.54%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 45.17% and 43.11%, respectively.
