Shyft Group Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $16.49 on 09/01/23, while the lowest price for the same period was registered at $9.81 on 03/05/24.
52-week price history of SHYF Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Shyft Group Inc’s current trading price is -1.15% away from its 52-week high, while its distance from the 52-week low is 66.16%. The stock’s price range during the 52-week period has remained between $9.81 and $16.49. In the Industrials sector, the company’s shares saw a trading volume of around 0.81 million for the day, which was evidently higher than the average daily volume of 0.35 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Shyft Group Inc (SHYF) has experienced a quarterly rise of 44.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 561.70M and boasts a workforce of 3000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.84, with a change in price of +6.26. Similarly, Shyft Group Inc recorded 337,855 in trading volume during the last 100 days, posting a change of +62.35%.
Examining SHYF’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SHYF stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.40.
SHYF Stock Stochastic Average
As of today, Shyft Group Inc’s raw stochastic average for the last 50 days stands at 99.84%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 99.84%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 93.68% and 84.62%, respectively.
SHYF Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 33.39% this year. Over the last six months, there has been a weaker performance of 44.12%. The price of SHYF fallen by 35.61% during the last 30 days period. For the last 5-days stocks have improved 35.16%.
