Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Green Giant Inc’s current trading price is -98.97% away from its 52-week high, while its distance from the 52-week low is 3.96%. The stock’s price range during this period has varied between $0.03 and $2.92. The company, active in the Real Estate sector, saw a trading volume of around 1.85 million for the day, considerably lower average daily volume of 18.79 million observed over the last three months.
Green Giant Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $2.92 on 04/11/23, while the lowest price during the same period was $0.03 on 02/07/24.
How Financial Performance Impacts Market Capitalization
Green Giant Inc (GGE) has experienced a quarterly decline of -29.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.32M and boasts a workforce of 95 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 0.1649, with a change in price of -0.8649. Similarly, Green Giant Inc recorded 18,470,352 in trading volume during the last 100 days, posting a change of -96.64%.
How GGE’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 GGE stands at 5.34. Similarly, the long-term debt-to-equity ratio is also 5.34.
GGE Stock Stochastic Average
As of today, the raw stochastic average of Green Giant Inc over the last 50 days is at 3.29%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 6.76%. Further, the company’s Stochastic %K and %D values for the last 20 days were 12.99% and 14.21%, respectively.
GGE Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -42.24%. However, over the past six months, we’ve seen a stronger performance of -97.23%. The price of GGE leaped by -12.86% over the last 30 days. And in the last five days, it has fallen by -3.06%.
