Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. SPI Energy Co Ltd’s current trading price is -67.62% away from its 52-week high, while its distance from the 52-week low is 51.11%. The stock’s price range during this period has varied between $0.27 and $1.26. The company, active in the Technology sector, saw a trading volume of around 6.95 million for the day, considerably higher average daily volume of 1.05 million observed over the last three months.
The market performance of SPI Energy Co Ltd has been somewhat unstable. Over the past year, the company’s stock achieved a high of $1.26 on 12/18/23, with the lowest value for the same timeframe being $0.27, recorded on 08/15/24.
How Financial Performance Impacts Market Capitalization
SPI Energy Co Ltd (SPI) has experienced a quarterly decline of -1.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.89M.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3796, with a change in price of +0.0580. Similarly, SPI Energy Co Ltd recorded 1,127,865 in trading volume during the last 100 days, posting a change of +16.57%.
SPI Stock Stochastic Average
As of today, the raw stochastic average of SPI Energy Co Ltd over the past 50 days is 31.05%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 84.89%. Additionally, the Stochastic %K and %D values for the company were 80.17% and 60.93%, respectively, over the past 20 days.
SPI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The metric has seen a significant loss of -47.83% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -19.98%. Over the past 30 days, the price of SPI has fallen by 24.01%. And in the last five days, it has surged by 25.12%.
