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Cyngn Inc (CYN) Stock: Navigating Market Highs and Lows in 52 Weeks

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. Cyngn Inc’s current trading price is -94.63% away from its 52-week high, while its distance from the 52-week low is -30.45%. The stock’s price range during this period has varied between $2.43 and $31.49. The company, active in the Technology sector, saw a trading volume of around 0.72 million for the day, considerably higher average daily volume of 0.64 million observed over the last three months.

Cyngn Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $31.49 on 01/26/24, and the lowest price during the same period was recorded at $2.43 on 12/18/24.

How Financial Performance Impacts Market Capitalization

Cyngn Inc (CYN) has experienced a quarterly decline of -54.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.11M and boasts a workforce of 81 employees.

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 4.32, with a change in price of -4.39. Similarly, Cyngn Inc recorded 472,575 in trading volume during the last 100 days, posting a change of -72.20%.

How CYN’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CYN stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.00.

CYN Stock Stochastic Average

As of today, the raw stochastic average of Cyngn Inc over the past 50 days is 0.98%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 1.19%. Additionally, the Stochastic %K and %D values for the company were 1.30% and 2.61%, respectively, over the past 20 days.

CYN Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -88.32%.However, over the last six months, we can see a stronger performance of -78.42%. Over the last 30 days, the price of CYN has leaped by -70.66%. And in the last five days, it has fallen by -58.37%.

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