The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 23.29%.However, over the last six months, we can see a stronger performance of -61.80%. Over the last 30 days, the price of CYN has leaped by -7.80%. And in the last five days, it has surged by 8.78%.
Cyngn Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $1.38 on 04/19/23 and the lowest value was $0.12 on 01/22/24.
52-week price history of CYN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cyngn Inc’s current trading price is -87.08% away from its 52-week high, while its distance from the 52-week low is 51.19%. The stock’s price range during this period has varied between$0.12 and $1.38. The Cyngn Inc’s shares, which operate in the Technology, saw a trading volume of around 14.67 million for the day, a figure considerably higher than their average daily volume of 10.16 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cyngn Inc (CYN) has experienced a quarterly rise of 18.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.55M and boasts a workforce of 81 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 0.2002, with a change in price of -0.1567. Similarly, Cyngn Inc recorded 8,443,777 in trading volume during the last 100 days, posting a change of -44.84%.
CYN’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 CYN stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.03.
CYN Stock Stochastic Average
Cyngn Inc’s raw stochastic average for the past 50 days is presently 37.99%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 55.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 24.31% and 14.96%, respectively.
