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 -87.88%. However, over the past six months, we’ve seen a stronger performance of -52.98%. The price of AKTS fallen by 64.93% over the last 30 days. And in the last five days, it has fallen by -3.16%.
In terms of market performance, Akoustis Technologies Inc had a fairly uneven. The highest value for the stock in the past year was $1.19 on 12/27/23, and the lowest value was recorded at $0.04 on 11/06/24.
52-week price history of AKTS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Akoustis Technologies Inc’s current trading price is -91.50% away from its 52-week high, while its distance from the 52-week low is 134.57%. The stock’s price range during this period has varied between$0.04 and $1.19. The Akoustis Technologies Inc’s shares, which operate in the Technology, saw a trading volume of around 7.59 million for the day, a figure considerably lower than their average daily volume of 20.9 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Akoustis Technologies Inc (AKTS) has experienced a quarterly rise of 25.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.37M and boasts a workforce of 117 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 0.0830, with a change in price of -0.0212. Similarly, Akoustis Technologies Inc recorded 16,313,097 in trading volume during the last 100 days, posting a change of -17.33%.
AKTS Stock Stochastic Average
Akoustis Technologies Inc’s raw stochastic average for the past 50 days is presently 60.48%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 60.48%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 66.67% and 63.74%, respectively.
