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MX’s Stock Market Expedition: Traversing Gains and Losses in 2023

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A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -25.60% this year. Over the last six months, there has been a stronger performance of -30.08%. The price of MX leaped by -16.59% during the last 30 days period. For the last 5-days stocks have slided -1.06%.

MagnaChip Semiconductor Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $11.68 on 06/09/23, while the lowest value for the same period was recorded at $5.18 on 03/05/24.

52-week price history of MX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. MagnaChip Semiconductor Corp’s current trading price is -52.23% away from its 52-week high, while its distance from the 52-week low is 7.83%. The stock’s price range during this period has varied between$5.18 and $11.68. The MagnaChip Semiconductor Corp’s shares, which operate in the Technology, saw a trading volume of around 0.28 million for the day, a figure considerably lower than their average daily volume of 0.46 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

MagnaChip Semiconductor Corp (MX) has experienced a quarterly decline of -25.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 213.49M and boasts a workforce of 891 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 6.64, with a change in price of -2.18. Similarly, MagnaChip Semiconductor Corp recorded 415,136 in trading volume during the last 100 days, posting a change of -28.09%.

MX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MX stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.

MX Stock Stochastic Average

As of today, MagnaChip Semiconductor Corp’s raw stochastic average for the last 50 days stands at 21.04%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 49.09%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 33.88% and 24.67%, respectively.