The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Emcore Corp.’s current trading price is -89.22% away from its 52-week high, while its distance from the 52-week low is -54.58%. The stock’s price range for this period has been between $2.44 and $10.30 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 3.36 million for the day, a number notably higher than the average daily volume of 0.14 million over the last three months.
Emcore Corp.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $10.30 on 05/10/23 and a low of $2.44 for the same time frame on 05/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Emcore Corp. (EMKR) has experienced a quarterly decline of -82.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.58M and boasts a workforce of 371 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.14, with a change in price of -2.88. Similarly, Emcore Corp. recorded 139,069 in trading volume during the last 100 days, posting a change of -71.88%.
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 EMKR stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.37.
EMKR Stock Stochastic Average
Emcore Corp.’s raw stochastic average for the past 50 days is presently 1.56%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 2.68%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 44.10% and 45.47%, respectively.
EMKR Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -77.30%. However, over the past six months, we’ve seen a stronger performance of -76.88%. The price of EMKR leaped by -61.60% over the last 30 days. And in the last five days, it has fallen by -56.81%.
