Analyzing the Impact of Earnings Reports on FTC Solar Inc Inc. (FTCI) Price Performance

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. Year to date metric has recorded a loss of -47.46%.However, over the last six months, we can see a stronger performance of -43.36%. Over the last 30 days, the price of FTCI has leaped by -20.65%. And in the last five days, it has surged by 21.33%.

FTC Solar Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $3.87 on 08/01/23, while the lowest price for the same period was registered at $0.28 on 11/08/23.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

52-week price history of FTCI Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. FTC Solar Inc’s current trading price is -90.59% away from its 52-week high, while its distance from the 52-week low is 29.03%. The stock’s price range during this period has varied between$0.28 and $3.87. The FTC Solar Inc’s shares, which operate in the Technology, saw a trading volume of around 0.61 million for the day, a figure considerably lower than their average daily volume of 0.66 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

FTC Solar Inc (FTCI) has experienced a quarterly decline of -32.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.86M and boasts a workforce of 213 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 0.4747, with a change in price of -0.3107. Similarly, FTC Solar Inc recorded 733,887 in trading volume during the last 100 days, posting a change of -46.05%.

FTCI’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 FTCI stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.

FTCI Stock Stochastic Average

FTC Solar Inc’s raw stochastic average for the past 50 days is presently 22.39%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 34.59%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 20.58% and 13.42%, respectively.

Most Popular