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. New Pacific Metals Corp’s current trading price is -32.89% away from its 52-week high, while its distance from the 52-week low is 109.20%. The stock’s price range over this period has fluctuated between $0.87 and $2.71. The company, operating within the financial sector, had a trading volume of approximately 0.51 million for the day, which was noticeably higher than the average daily share volume of 0.37 million over the last 3 months.
New Pacific Metals Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $2.71 on 07/19/23, while the lowest price for the same period was registered at $0.87 on 02/29/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
New Pacific Metals Corp (NEWP) has experienced a quarterly rise of 24.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 311.60M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4854, with a change in price of +0.0300. Similarly, New Pacific Metals Corp recorded 312,480 in trading volume during the last 100 days, posting a change of +1.68%.
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 NEWP stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
NEWP Stock Stochastic Average
Today’s raw stochastic average for New Pacific Metals Corp over the last 50 days is 81.90%.This indicates a increase from the raw stochastic average of the past 20 days, which was 75.29%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 87.34% and 91.02%, respectively.
NEWP 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 -4.71%.However, over the last six months, we can see a weaker performance of 7.06%. Over the last 30 days, the price of NEWP has fallen by 58.26%. And in the last five days, it has fallen by -0.27%.
