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. Blink Charging Co’s current trading price is -67.19% away from its 52-week high, while its distance from the 52-week low is 33.94%. The stock’s price range over this period has fluctuated between $2.18 and $8.90. The company, operating within the financial sector, had a trading volume of approximately 15.95 million for the day, which was noticeably higher than the average daily share volume of 9.36 million over the last 3 months.
Blink Charging Co experienced a rather shaky stock market performance. The highest value in the past year was recorded at $8.90 on 03/31/23 and the lowest value was $2.18 on 01/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Blink Charging Co (BLNK) has experienced a quarterly decline of -4.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 196.84M and boasts a workforce of 620 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.99, with a change in price of +0.24. Similarly, Blink Charging Co recorded 7,467,747 in trading volume during the last 100 days, posting a change of +8.96%.
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 BLNK stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.02.
BLNK Stock Stochastic Average
Today, Blink Charging Co’s raw stochastic average for the past 50 days stands at 51.39%, indicating a rise from the raw stochastic average of the last 20 days, which was 19.19%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 53.22% and 57.03% respectively.
BLNK 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 loss of -13.86% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -26.45%. Over the past 30 days, the price of BLNK has leaped by -17.51%. And in the last five days, it has fallen by -8.46%.
