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. ReTo Eco-Solutions Inc’s current trading price is -98.48% away from its 52-week high, while its distance from the 52-week low is -13.85%. The stock’s price range over this period has fluctuated between $1.30 and $73.60. The company, operating within the financial sector, had a trading volume of approximately 0.34 million for the day, which was noticeably higher than the average daily share volume of 61980.0 over the last 3 months.
In terms of market performance, ReTo Eco-Solutions Inc had a fairly uneven. The highest value for the stock in the past year was $73.60 on 08/23/23, and the lowest value was recorded at $1.30 on 03/26/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ReTo Eco-Solutions Inc (RETO) has experienced a quarterly decline of -71.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.20M and boasts a workforce of 116 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.1938, with a change in price of -5.7800. Similarly, ReTo Eco-Solutions Inc recorded 43,854 in trading volume during the last 100 days, posting a change of -83.77%.
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 RETO stands at 2.16. Similarly, the long-term debt-to-equity ratio is also 0.02.
RETO Stock Stochastic Average
Today’s raw stochastic average for ReTo Eco-Solutions Inc over the last 50 days is 0.51%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 0.71%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 8.83% and 9.47%, respectively.
RETO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -68.46%. However, over the past six months, we’ve seen a stronger performance of -80.32%. The price of RETO leaped by -68.23% over the last 30 days. And in the last five days, it has fallen by -29.45%.
