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ShiftPixy Inc Inc. (PIXY) Price Performance: The Role of Supply and Demand

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 24.54% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -30.91%. Over the past 30 days, the price of PIXY has fallen by 72.59%. And in the last five days, it has surged by 76.62%.

ShiftPixy Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $115.09 on 03/29/23 and the lowest value was $3.02 on 03/13/24.

52-week price history of PIXY Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. ShiftPixy Inc’s current trading price is -94.09% away from its 52-week high, while its distance from the 52-week low is 125.17%. The stock’s price range during this period has varied between$3.02 and $115.09. The ShiftPixy Inc’s shares, which operate in the Industrials, saw a trading volume of around 12.66 million for the day, a figure considerably higher than their average daily volume of 0.27 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

ShiftPixy Inc (PIXY) has experienced a quarterly rise of 5.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.72M and boasts a workforce of 31 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 5.76, with a change in price of -0.41. Similarly, ShiftPixy Inc recorded 492,030 in trading volume during the last 100 days, posting a change of -5.69%.

PIXY Stock Stochastic Average

As of today, ShiftPixy Inc’s raw stochastic average for the last 50 days stands at 76.06%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 76.06%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 52.22% and 36.44%, respectively.