The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Akanda Corp’s current trading price is -93.21% away from its 52-week high, while its distance from the 52-week low is 6.68%. The stock’s price range for this period has been between $0.09 and $1.34 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 8.4 million for the day, a number notably lower than the average daily volume of 8.88 million over the last three months.
In terms of market performance, Akanda Corp had a fairly uneven. The highest value for the stock in the past year was $1.34 on 05/15/23, and the lowest value was recorded at $0.09 on 04/30/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Akanda Corp (AKAN) has experienced a quarterly decline of -71.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.09M and boasts a workforce of 5 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2749, with a change in price of -0.3791. Similarly, Akanda Corp recorded 5,839,604 in trading volume during the last 100 days, posting a change of -80.64%.
AKAN Stock Stochastic Average
As of today, Akanda Corp’s raw stochastic average for the last 50 days stands at 2.54%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 5.55%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.30% and 13.11%, respectively.
AKAN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -79.34% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -79.32%. Over the past 30 days, the price of AKAN has leaped by -25.71%. And in the last five days, it has surged by 1.11%.
