The market performance of Lantronix Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $6.95 on 01/16/24, with the lowest value for the same timeframe being $3.08, recorded on 11/08/24.
52-week price history of LTRX Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Lantronix Inc’s current trading price is -60.65% away from its 52-week high, while its distance from the 52-week low is -11.20%. The stock’s price range during this period has fluctuated between $3.08 and $6.95. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 1.21 million for the day, which was evidently higher than the average daily volume of 0.27 million over the last three months.
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Financial Performance and Market Capitalization
Lantronix Inc (LTRX) has experienced a quarterly decline of -21.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 104.19M and boasts a workforce of 373 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.81, with a change in price of -0.85. Similarly, Lantronix Inc recorded 253,440 in trading volume during the last 100 days, posting a change of -23.81%.
LTRX Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for LTRX stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.16.
LTRX Stock Stochastic Average
Lantronix Inc’s raw stochastic average for the past 50 days is currently at 3.68%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 4.27%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 18.69% and 20.28%, respectively.
LTRX 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 -53.33%.However, over the last six months, we can see a stronger performance of -22.52%. Over the last 30 days, the price of LTRX has leaped by -27.84%. And in the last five days, it has fallen by -30.93%.
