Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -56.10%. The price of CCTG increased 13.04% over the last 30 days. And in the last five days, it has surged by 16.55%.
52-week price history of CCTG Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. CCSC Technology International Holdings Ltd’s current trading price is -88.73% away from its 52-week high, while its distance from the 52-week low is 34.66%. The stock’s price range during this time has been between $2.51 and $30.00. The trading volume for the Industrials sector company’s shares reached about 0.87 million for the day, which was lower than the average daily volume of 1.65 million over the last three months.
Combining Moving Average and Trading Volume Data for Better Market Insight
CCTG’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 CCTG stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.12.
CCTG Stock Stochastic Average
Today, CCSC Technology International Holdings Ltd’s raw stochastic average for the past 50 days stands at 3.16%, indicating a decline from the raw stochastic average of the last 20 days, which was 35.58%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 13.66% and 7.95% respectively.
