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. ESS Tech Inc’s current trading price is -65.25% away from its 52-week high, while its distance from the 52-week low is 20.57%. The stock’s price range over this period has fluctuated between $0.61 and $2.12. The company, operating within the financial sector, had a trading volume of approximately 0.98 million for the day, which was noticeably higher than the average daily share volume of 0.97 million over the last 3 months.
The market performance of ESS Tech Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $2.12 on 07/12/23, while the lowest value for the same duration was $0.61 on 03/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
ESS Tech Inc (GWH) has experienced a quarterly decline of -32.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 128.87M and boasts a workforce of 231 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9956, with a change in price of -0.4232. Similarly, ESS Tech Inc recorded 1,052,548 in trading volume during the last 100 days, posting a change of -36.48%.
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 GWH stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
GWH Stock Stochastic Average
Today, ESS Tech Inc’s raw stochastic average for the past 50 days stands at 22.47%, indicating a decline from the raw stochastic average of the last 20 days, which was 38.22%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.49% and 28.88% respectively.
GWH Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -35.37%. However, over the past six months, we’ve seen a stronger performance of -59.96%. The price of GWH leaped by -8.29% over the last 30 days. And in the last five days, it has fallen by -1.76%.
