Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Elevai Labs Inc.’s current trading price is -94.11% away from its 52-week high, while its distance from the 52-week low is -7.41%. The stock’s price range over this period has fluctuated between $0.27 and $4.24. The company, operating within the financial sector, had a trading volume of approximately 0.51 million for the day, which was noticeably higher than the average daily share volume of 82220.0 over the last 3 months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Elevai Labs Inc. (ELAB) has experienced a quarterly decline of -62.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.05M and boasts a workforce of 18 employees.
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Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5666, with a change in price of -0.4400. Similarly, Elevai Labs Inc. recorded 136,899 in trading volume during the last 100 days, posting a change of -63.77%.
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 ELAB stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.00.
ELAB Stock Stochastic Average
Today’s raw stochastic average for Elevai Labs Inc. over the last 50 days is 2.09%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 3.89%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 6.86% and 6.96%, respectively.
ELAB Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -86.33%.However, over the last six months, we can see a stronger performance of -66.22%. Over the last 30 days, the price of ELAB has leaped by -46.35%. And in the last five days, it has fallen by -25.04%.
