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. FTC Solar Inc’s current trading price is -87.62% away from its 52-week high, while its distance from the 52-week low is 69.87%. The stock’s price range over this period has fluctuated between $0.28 and $3.87. The company, operating within the financial sector, had a trading volume of approximately 0.61 million for the day, which was noticeably lower than the average daily share volume of 0.82 million over the last 3 months.
FTC Solar Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $3.87 on 08/01/23, while the lowest price for the same period was registered at $0.28 on 11/08/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
FTC Solar Inc (FTCI) has experienced a quarterly decline of -31.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.90M and boasts a workforce of 213 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6200, with a change in price of -0.6108. Similarly, FTC Solar Inc recorded 1,605,398 in trading volume during the last 100 days, posting a change of -56.04%.
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 FTCI stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
FTCI Stock Stochastic Average
Today’s raw stochastic average for FTC Solar Inc over the last 50 days is 25.96%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 39.45%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 52.35% and 68.15%, respectively.
FTCI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -30.83%.However, over the last six months, we can see a stronger performance of -65.53%. Over the last 30 days, the price of FTCI has leaped by -11.26%. And in the last five days, it has fallen by -3.64%.
