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. Hydrofarm Holdings Group Inc’s current trading price is -40.98% away from its 52-week high, while its distance from the 52-week low is 60.83%. The stock’s price range over this period has fluctuated between $0.67 and $1.83. The company, operating within the financial sector, had a trading volume of approximately 0.35 million for the day, which was noticeably higher than the average daily share volume of 0.18 million over the last 3 months.
Hydrofarm Holdings Group Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.83 on 03/31/23, while the lowest price for the same period was registered at $0.67 on 06/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Hydrofarm Holdings Group Inc (HYFM) has experienced a quarterly rise of 18.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 49.45M and boasts a workforce of 369 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9113, with a change in price of +0.1000. Similarly, Hydrofarm Holdings Group Inc recorded 203,878 in trading volume during the last 100 days, posting a change of +10.20%.
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 HYFM stands at 0.63. Similarly, the long-term debt-to-equity ratio is also 0.59.
HYFM Stock Stochastic Average
Today’s raw stochastic average for Hydrofarm Holdings Group Inc over the last 50 days is 94.12%.This indicates a increase from the raw stochastic average of the past 20 days, which was 94.12%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 91.30% and 84.72%, respectively.
HYFM 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 gain of 17.71%.However, over the last six months, we can see a stronger performance of -13.60%. Over the last 30 days, the price of HYFM has fallen by 25.58%. And in the last five days, it has surged by 30.12%.
