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. Year to date metric has recorded a gain of 45.73%.However, over the last six months, we can see a weaker performance of 51.24%. Over the last 30 days, the price of SGH has fallen by 29.09%. And in the last five days, it has surged by 20.31%.
SMART Global Holdings Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $27.88 on 07/14/23 and the lowest value was $12.66 on 10/13/23.
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52-week price history of SGH Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. SMART Global Holdings Inc’s current trading price is -1.05% away from its 52-week high, while its distance from the 52-week low is 117.90%. The stock’s price range during this period has varied between$12.66 and $27.88. The SMART Global Holdings Inc’s shares, which operate in the Technology, saw a trading volume of around 4.07 million for the day, a figure considerably higher than their average daily volume of 1.05 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
SMART Global Holdings Inc (SGH) has experienced a quarterly rise of 6.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.44B and boasts a workforce of 3000 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 21.67, with a change in price of +5.82. Similarly, SMART Global Holdings Inc recorded 1,058,860 in trading volume during the last 100 days, posting a change of +26.82%.
SGH’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SGH stands at 1.72. Similarly, the long-term debt-to-equity ratio is also 1.72.
SGH Stock Stochastic Average
SMART Global Holdings Inc’s raw stochastic average for the past 50 days is presently 98.69%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 97.92%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.68% and 81.63%, respectively.
