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 increase of 26.13%. However, over the past six months, we’ve seen a stronger performance of -44.76%. The price of EGIO fallen by 111.76% over the last 30 days. And in the last five days, it has surged by 40.49%.
In terms of market performance, Edgio Inc had a fairly uneven. The highest value for the stock in the past year was $44.00 on 09/13/23, and the lowest value was recorded at $6.67 on 03/19/24.
52-week price history of EGIO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Edgio Inc’s current trading price is -60.73% away from its 52-week high, while its distance from the 52-week low is 159.07%. The stock’s price range during this period has varied between$6.67 and $44.00. The Edgio Inc’s shares, which operate in the Technology, saw a trading volume of around 0.68 million for the day, a figure considerably higher than their average daily volume of 66990.0 over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Edgio Inc (EGIO) has experienced a quarterly rise of 60.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 101.26M.
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 12.14, with a change in price of -9.12. Similarly, Edgio Inc recorded 61,315 in trading volume during the last 100 days, posting a change of -34.56%.
EGIO’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 EGIO stands at 1.01. Similarly, the long-term debt-to-equity ratio is also 0.94.
EGIO Stock Stochastic Average
Edgio Inc’s raw stochastic average for the past 50 days is presently 90.30%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 90.30%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 90.91% and 85.45%, respectively.
