Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -41.61%. However, over the past six months, we’ve seen a weaker performance of 34.47%. The price of WKSP fallen by 65.40% over the last 30 days. And in the last five days, it has surged by 27.62%.
In terms of market performance, Worksport Ltd had a fairly uneven. The highest value for the stock in the past year was $1.97 on 11/22/23, and the lowest value was recorded at $0.36 on 04/18/24.
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52-week price history of WKSP Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Worksport Ltd’s current trading price is -55.84% away from its 52-week high, while its distance from the 52-week low is 141.67%. The stock’s price range during this period has varied between$0.36 and $1.97. The Worksport Ltd’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 8.1 million for the day, a figure considerably higher than their average daily volume of 0.36 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Worksport Ltd (WKSP) has experienced a quarterly rise of 30.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.90M and boasts a workforce of 72 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6398, with a change in price of +0.1410. Similarly, Worksport Ltd recorded 405,069 in trading volume during the last 100 days, posting a change of +19.34%.
WKSP’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for WKSP stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.30.
WKSP Stock Stochastic Average
Worksport Ltd’s raw stochastic average for the past 50 days is presently 87.33%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 83.31%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 86.05% and 80.57%, respectively.
