Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Tian Ruixiang Holdings Ltd’s current trading price is -93.85% away from its 52-week high, while its distance from the 52-week low is 21.01%. The stock’s price range over this period has fluctuated between $0.40 and $7.88. The company, operating within the financial sector, had a trading volume of approximately 3.15 million for the day, which was noticeably higher than the average daily share volume of 0.23 million over the last 3 months.
Tian Ruixiang Holdings Ltd experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $7.88 on 05/02/23, while the lowest price for the same period was registered at $0.40 on 03/26/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Tian Ruixiang Holdings Ltd (TIRX) has experienced a quarterly decline of -13.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.59M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5872, with a change in price of -0.2414. Similarly, Tian Ruixiang Holdings Ltd recorded 297,036 in trading volume during the last 100 days, posting a change of -33.24%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TIRX stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
TIRX Stock Stochastic Average
Today’s raw stochastic average for Tian Ruixiang Holdings Ltd over the last 50 days is 16.59%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 59.97%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 46.94% and 50.11%, respectively.
TIRX 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. Year to date metric has recorded a loss of -29.75%.However, over the last six months, we can see a stronger performance of -52.48%. Over the last 30 days, the price of TIRX has leaped by -8.54%. And in the last five days, it has fallen by -8.16%.
