Markforged Holding Corporation experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.30 on 07/28/23 and the lowest value was $0.61 on 02/23/24.
52-week price history of MKFG Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Markforged Holding Corporation’s current trading price is -71.04% away from its 52-week high, while its distance from the 52-week low is 9.10%. The stock’s price range during the 52-week period has remained between $0.61 and $2.30. In the Technology sector, the company’s shares saw a trading volume of around 0.68 million for the day, which was evidently higher than the average daily volume of 0.33 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Markforged Holding Corporation (MKFG) has experienced a quarterly decline of -8.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 132.70M and boasts a workforce of 351 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7277, with a change in price of -0.1280. Similarly, Markforged Holding Corporation recorded 409,623 in trading volume during the last 100 days, posting a change of -16.13%.
Examining MKFG’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MKFG stands at 0.27. Similarly, the long-term debt-to-equity ratio is also 0.22.
MKFG Stock Stochastic Average
As of today, Markforged Holding Corporation’s raw stochastic average for the last 50 days stands at 20.56%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 10.62%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 13.40% and 14.64%, respectively.
MKFG 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. The index has shown a price loss of -18.84% this year. Over the last six months, there has been a stronger performance of -50.70%. The price of MKFG leaped by -11.30% during the last 30 days period. For the last 5-days stocks have slided -6.53%.
