A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Safety Shot Inc’s current trading price is -72.40% away from its 52-week high, while its distance from the 52-week low is 710.64%. The stock’s price range for this time frame has been between $0.26 and $7.50. The trading volume of the company’s shares in the Consumer Defensive reached around 0.75 million for the day, which was evidently lower than the average daily volume of 1.61 million over the last three months.
The stock market performance of Safety Shot Inc has been very steady. Over the last year, the company’s stock hit its highest at $7.50 on 11/21/23, while the lowest price during the same time frame was $0.26, recorded on 06/14/23.
How Financial Performance Impacts Market Capitalization
Safety Shot Inc (SHOT) has experienced a quarterly rise of 15.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 101.89M and boasts a workforce of 8 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 2.96, with a change in price of -2.22. Similarly, Safety Shot Inc recorded 4,223,683 in trading volume during the last 100 days, posting a change of -51.75%.
How SHOT’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 SHOT stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.03.
SHOT Stock Stochastic Average
The raw stochastic average for Safety Shot Inc over the last 50 days is presently at 7.06%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 12.39%. Further, the company’s Stochastic %K and %D values for the last 20 days were 10.23% and 17.52%, respectively.
SHOT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -41.03%.However, over the last six months, we can see a weaker performance of 58.02%. Over the last 30 days, the price of SHOT has leaped by -13.75%. And in the last five days, it has fallen by -11.54%.
