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MDIA: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 803.38%.However, over the last six months, we can see a weaker performance of 383.73%. Over the last 30 days, the price of MDIA has fallen by 676.00%. And in the last five days, it has surged by 634.68%.

MediaCo Holding Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $1.76 on 04/05/24 and the lowest value was $0.40 on 03/22/24.

52-week price history of MDIA Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. MediaCo Holding Inc’s current trading price is 120.12% away from its 52-week high, while its distance from the 52-week low is 870.00%. The stock’s price range during this period has varied between$0.40 and $1.76. The MediaCo Holding Inc’s shares, which operate in the Communication Services, saw a trading volume of around 118.01 million for the day, a figure considerably higher than their average daily volume of 0.59 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

MediaCo Holding Inc (MDIA) has experienced a quarterly rise of 516.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 102.28M and boasts a workforce of 116 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.59, with a change in price of +3.22. Similarly, MediaCo Holding Inc recorded 1,579,424 in trading volume during the last 100 days, posting a change of +488.77%.

MDIA’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 MDIA stands at 1.36. Similarly, the long-term debt-to-equity ratio is also 1.15.

MDIA Stock Stochastic Average

MediaCo Holding Inc’s raw stochastic average for the past 50 days is presently 53.87%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 53.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 67.33% and 75.78%, respectively.