Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Eldorado Gold Corp’s current trading price is -11.86% away from its 52-week high, while its distance from the 52-week low is 72.84%. The stock’s price range during this period has varied between $9.72 and $19.06. The company, active in the Basic Materials sector, saw a trading volume of around 1.6 million for the day, considerably higher average daily volume of 1.48 million observed over the last three months.
Eldorado Gold Corp’s stock has had a calm market performance. The 1-year high for the company’s stock was $19.06 on 10/21/24, and the lowest price during the same period was recorded at $9.72 on 02/23/24.
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How Financial Performance Impacts Market Capitalization
Eldorado Gold Corp (EGO) has experienced a quarterly rise of 4.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.80B and boasts a workforce of 4869 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.78, with a change in price of +1.77. Similarly, Eldorado Gold Corp recorded 1,416,253 in trading volume during the last 100 days, posting a change of +11.92%.
How EGO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for EGO stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.21.
EGO Stock Stochastic Average
As of today, the raw stochastic average of Eldorado Gold Corp over the past 50 days is 27.60%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 13.17%. Additionally, the Stochastic %K and %D values for the company were 37.96% and 48.00%, respectively, over the past 20 days.
EGO 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. Year to date metric has recorded a gain of 29.53%.However, over the last six months, we can see a weaker performance of 17.40%. Over the last 30 days, the price of EGO has leaped by -4.22%. And in the last five days, it has fallen by -3.34%.
