A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Volcon Inc’s current trading price is -99.91% away from its 52-week high, while its distance from the 52-week low is 7.73%. The stock’s price range for this time frame has been between $0.30 and $378.00. The trading volume of the company’s shares in the Consumer Cyclical reached around 3.61 million for the day, which was evidently lower than the average daily volume of 4.33 million over the last three months.
Volcon Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $378.00 on 04/12/23, and the lowest price during the same period was recorded at $0.30 on 04/03/24.
How Financial Performance Impacts Market Capitalization
Volcon Inc (VLCN) has experienced a quarterly decline of -93.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.11M and boasts a workforce of 36 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 4.6772, with a change in price of -34.7739. Similarly, Volcon Inc recorded 2,811,359 in trading volume during the last 100 days, posting a change of -99.07%.
VLCN Stock Stochastic Average
The raw stochastic average for Volcon Inc over the last 50 days is presently at 0.33%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 3.47%. Further, the company’s Stochastic %K and %D values for the last 20 days were 7.01% and 6.21%, respectively.
VLCN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -92.69%. However, over the past six months, we’ve seen a stronger performance of -99.58%. The price of VLCN leaped by -62.52% over the last 30 days. And in the last five days, it has fallen by -52.04%.
