A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Qilian International Holding Group ltd’s current trading price is -41.42% away from its 52-week high, while its distance from the 52-week low is 114.02%. The stock’s price range for this time frame has been between $0.36 and $1.30. The trading volume of the company’s shares in the Healthcare reached around 2.52 million for the day, which was evidently higher than the average daily volume of 0.11 million over the last three months.
The market performance of Qilian International Holding Group ltd has been somewhat unstable. Over the past year, the company’s stock achieved a high of $1.30 on 04/27/23, with the lowest value for the same timeframe being $0.36, recorded on 02/29/24.
How Financial Performance Impacts Market Capitalization
Qilian International Holding Group ltd (QLI) has experienced a quarterly rise of 20.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.17M and boasts a workforce of 298 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 0.5527, with a change in price of +0.3363. Similarly, Qilian International Holding Group ltd recorded 105,384 in trading volume during the last 100 days, posting a change of +79.37%.
How QLI’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 QLI stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
QLI Stock Stochastic Average
The raw stochastic average for Qilian International Holding Group ltd over the last 50 days is presently at 77.97%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 67.59%. Further, the company’s Stochastic %K and %D values for the last 20 days were 52.97% and 54.44%, respectively.
QLI Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -1.48% this year. Over the last six months, there has been a stronger performance of -6.00%. The price of QLI fallen by 16.92% during the last 30 days period. For the last 5-days stocks have slided -2.58%.
