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VLCN’s Stock Market Puzzle: Piecing Together 2023’s Performance

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -94.70%. However, over the last six months, the performance has been stronger by -99.74%. The price of VLCN decreased -66.38% over the last 30 days. And in the last five days, it has fallen by -20.58%.

The market performance of Volcon Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $337.50 on 04/20/23, while the lowest value for the same duration was $0.24 on 04/17/24.

52-week price history of VLCN Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Volcon Inc’s current trading price is -99.93% away from its 52-week high, while its distance from the 52-week low is -3.12%. The stock’s price range during this time has been between $0.24 and $337.50. The trading volume for the Consumer Cyclical sector company’s shares reached about 1.39 million for the day, which was lower than the average daily volume of 4.54 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Volcon Inc (VLCN) has experienced a quarterly decline of -94.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.43M and boasts a workforce of 36 employees.

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 2.9888, with a change in price of -7.9583. Similarly, Volcon Inc recorded 3,005,125 in trading volume during the last 100 days, posting a change of -97.12%.

VLCN Stock Stochastic Average

Today, Volcon Inc’s raw stochastic average for the past 50 days stands at 0.14%, indicating a decline from the raw stochastic average of the last 20 days, which was 0.85%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 1.82% and 2.68% respectively.