logo

VLCN’s 52-Week Rollercoaster: From $0.21 to $306.00 – What’s Next for Investors?

Volcon Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $306.00 on 05/01/23, while the lowest price during the same period was $0.21 on 04/18/24.

52-week price history of VLCN Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Volcon Inc’s current trading price is -99.91% away from its 52-week high, while its distance from the 52-week low is 27.28%. The stock’s price range during this period has fluctuated between $0.21 and $306.00. Shares of the company, which operates in the Consumer Cyclical sector, recorded a trading volume of around 11.91 million for the day, which was evidently higher than the average daily volume of 4.6 million over the last three months.

Financial Performance and Market Capitalization

Volcon Inc (VLCN) has experienced a quarterly decline of -94.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.06M and boasts a workforce of 36 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.6946, with a change in price of -6.9385. Similarly, Volcon Inc recorded 3,150,029 in trading volume during the last 100 days, posting a change of -96.37%.

VLCN Stock Stochastic Average

The raw stochastic average for Volcon Inc over the last 50 days is presently at 2.29%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 9.43%. Further, the company’s Stochastic %K and %D values for the last 20 days were 5.50% and 3.65%, respectively.

VLCN Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -93.95%. However, over the last six months, the performance has been stronger by -99.57%. The price of VLCN decreased -60.55% over the last 30 days. And in the last five days, it has surged by 7.02%.