Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Aeva Technologies Inc’s current trading price is -41.16% away from its 52-week high, while its distance from the 52-week low is 106.88%. The stock’s price range during this period has varied between $2.33 and $8.18. The company, active in the Technology sector, saw a trading volume of around 0.75 million for the day, considerably higher average daily volume of 0.33 million observed over the last three months.
Aeva Technologies Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $8.18 on 03/21/23, and the lowest price during the same period was recorded at $2.33 on 11/01/23.
How Financial Performance Impacts Market Capitalization
Aeva Technologies Inc (AEVA) has experienced a quarterly rise of 30.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 253.82M and boasts a workforce of 301 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.12, with a change in price of +2.11. Similarly, Aeva Technologies Inc recorded 281,914 in trading volume during the last 100 days, posting a change of +78.08%.
How AEVA’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for AEVA stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
AEVA Stock Stochastic Average
As of today, the raw stochastic average of Aeva Technologies Inc over the past 50 days is 26.06%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 13.16%. Additionally, the Stochastic %K and %D values for the company were 19.54% and 19.04%, respectively, over the past 20 days.
AEVA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 26.96%.However, over the last six months, we can see a weaker performance of 15.43%. Over the last 30 days, the price of AEVA has fallen by 1.10%. And in the last five days, it has fallen by -6.60%.
