A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Globavend Holdings Limited’s current trading price is -81.09% away from its 52-week high, while its distance from the 52-week low is 31.65%. The stock’s price range for this time frame has been between $0.79 and $5.50. The trading volume of the company’s shares in the Industrials reached around 0.51 million for the day, which was evidently higher than the average daily volume of 43570.0 over the last three months.
How Financial Performance Impacts Market Capitalization
Globavend Holdings Limited (GVH) has experienced a quarterly decline of -31.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.54M and boasts a workforce of 7 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 1.2125, with a change in price of -1.5400. Similarly, Globavend Holdings Limited recorded 93,572 in trading volume during the last 100 days, posting a change of -59.69%.
How GVH’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GVH stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
GVH Stock Stochastic Average
Globavend Holdings Limited’s raw stochastic average for the past 50 days is currently at 20.78%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 17.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.91% and 48.87%, respectively.
GVH Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a loss of -33.98%. Over the last 30 days, the price of GVH has fallen by 7.66%. And in the last five days, it has fallen by -30.67%.
