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. SkyWater Technology Inc’s current trading price is -21.67% away from its 52-week high, while its distance from the 52-week low is 80.46%. The stock’s price range over this period has fluctuated between $5.63 and $12.97. The company, operating within the financial sector, had a trading volume of approximately 0.74 million for the day, which was noticeably higher than the average daily share volume of 0.36 million over the last 3 months.
SkyWater Technology Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $12.97 on 03/08/24, while the lowest price for the same duration was marked at $5.63 on 08/05/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SkyWater Technology Inc (SKYT) has experienced a quarterly rise of 10.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 477.93M and boasts a workforce of 731 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.91, with a change in price of +2.81. Similarly, SkyWater Technology Inc recorded 388,273 in trading volume during the last 100 days, posting a change of +38.23%.
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 SKYT stands at 1.25. Similarly, the long-term debt-to-equity ratio is also 0.80.
SKYT Stock Stochastic Average
Today, SkyWater Technology Inc’s raw stochastic average for the past 50 days stands at 64.27%, indicating a decline from the raw stochastic average of the last 20 days, which was 96.79%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 73.35% and 65.12% respectively.
SKYT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 5.61%.However, over the last six months, we can see a weaker performance of 26.84%. Over the last 30 days, the price of SKYT has fallen by 23.68%. And in the last five days, it has surged by 10.08%.
