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ShiftPixy Inc (PIXY) Stock: Navigating Drops and Gains

VIPS stock

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. ShiftPixy Inc’s current trading price is -97.71% away from its 52-week high, while its distance from the 52-week low is -2.22%. The stock’s price range for this time frame has been between $2.70 and $115.09. The trading volume of the company’s shares in the Industrials reached around 0.73 million for the day, which was evidently higher than the average daily volume of 0.63 million over the last three months.

The market performance of ShiftPixy Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $115.09 on 03/29/23, with the lowest value for the same timeframe being $2.70, recorded on 03/28/24.

How Financial Performance Impacts Market Capitalization

ShiftPixy Inc (PIXY) has experienced a quarterly decline of -54.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.81M and boasts a workforce of 31 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 5.55, with a change in price of -3.02. Similarly, ShiftPixy Inc recorded 542,547 in trading volume during the last 100 days, posting a change of -53.36%.

PIXY Stock Stochastic Average

The raw stochastic average for ShiftPixy Inc over the last 50 days is presently at 1.29%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 1.29%. Further, the company’s Stochastic %K and %D values for the last 20 days were 3.52% and 5.25%, respectively.

PIXY Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -51.65% this year. Over the last six months, there has been a stronger performance of -89.52%. The price of PIXY leaped by -41.85% during the last 30 days period. For the last 5-days stocks have slided -26.67%.