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. WiSA Technologies Inc’s current trading price is -99.16% away from its 52-week high, while its distance from the 52-week low is 10.78%. The stock’s price range over this period has fluctuated between $0.02 and $2.68. The company, operating within the financial sector, had a trading volume of approximately 34.33 million for the day, which was noticeably higher than the average daily share volume of 19.66 million over the last 3 months.
WiSA Technologies Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $2.68 on 05/15/23, while the lowest value for the same period was recorded at $0.02 on 03/27/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
WiSA Technologies Inc (WISA) has experienced a quarterly decline of -81.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.32M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.0918, with a change in price of -0.1278. Similarly, WiSA Technologies Inc recorded 14,779,530 in trading volume during the last 100 days, posting a change of -84.97%.
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 WISA stands at 1.42. Similarly, the long-term debt-to-equity ratio is also 0.72.
WISA Stock Stochastic Average
Today, WiSA Technologies Inc’s raw stochastic average for the past 50 days stands at 2.43%, indicating a decline from the raw stochastic average of the last 20 days, which was 6.04%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 3.11% and 2.69% respectively.
WISA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -80.67% this year. Over the last six months, there has been a stronger performance of -96.30%. The price of WISA leaped by -40.21% during the last 30 days period. For the last 5-days stocks have slided -18.71%.
