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. Lantronix Inc’s current trading price is -62.59% away from its 52-week high, while its distance from the 52-week low is -1.89%. The stock’s price range over this period has fluctuated between $2.65 and $6.95. The company, operating within the financial sector, had a trading volume of approximately 2.06 million for the day, which was noticeably higher than the average daily share volume of 0.3 million over the last 3 months.
In terms of market performance, Lantronix Inc had a fairly uneven. The highest value for the stock in the past year was $6.95 on 01/16/24, and the lowest value was recorded at $2.65 on 11/11/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Lantronix Inc (LTRX) has experienced a quarterly decline of -23.75% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 71.62M and boasts a workforce of 373 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.80, with a change in price of -1.00. Similarly, Lantronix Inc recorded 282,403 in trading volume during the last 100 days, posting a change of -27.78%.
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 LTRX stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.26.
LTRX Stock Stochastic Average
Today’s raw stochastic average for Lantronix Inc over the last 50 days is 5.57%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 6.37%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 14.38% and 19.22%, respectively.
LTRX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -55.63%. However, over the past six months, we’ve seen a stronger performance of -30.85%. The price of LTRX leaped by -35.08% over the last 30 days. And in the last five days, it has fallen by -31.03%.
