logo

SHIM’s Stock Dilemma: Shimmick Corp’s Market Performance and Outlook

OPEN Stock

In terms of market performance, Shimmick Corp had a somewhat inconsistent run in. The highest value for the stock in the past year was $7.99 on 03/14/24, while the lowest value was $1.47 on 05/23/24.

52-week price history of SHIM Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Shimmick Corp’s current trading price is -64.96% away from its 52-week high, while its distance from the 52-week low is 90.41%. The stock’s price range for this period has remained between $1.47 and $7.99. The Industrials sector company’s shares managed to surpass a trading volume of around 1.35 million for the day, which was noticeably higher compared to the shares’ average daily volume of 36370.0 over the last three months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Financial Performance and Market Capitalization

Shimmick Corp (SHIM) has experienced a quarterly decline of -13.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 102.51M and boasts a workforce of 1300 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.68, with a change in price of +1.13. Similarly, Shimmick Corp recorded 687,036 in trading volume during the last 100 days, posting a change of +67.66%.

SHIM 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 SHIM stands at 56.47. Similarly, the long-term debt-to-equity ratio is also 50.46.

SHIM Stock Stochastic Average

As of today, the raw stochastic average of Shimmick Corp over the past 50 days is 87.10%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 83.51%. Additionally, the Stochastic %K and %D values for the company were 49.47% and 35.90%, respectively, over the past 20 days.

SHIM 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. The index has shown a price loss of -57.58% this year. Over the last six months, there has been a weaker performance of 42.86%. The price of SHIM fallen by 38.61% during the last 30 days period. For the last 5-days stocks have improved 33.33%.

Most Popular