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. ChargePoint Holdings Inc’s current trading price is -57.65% away from its 52-week high, while its distance from the 52-week low is 8.10%. The stock’s price range during this period has varied between $1.05 and $2.68. The company, active in the Consumer Cyclical sector, saw a trading volume of around 13.28 million for the day, considerably lower average daily volume of 13.75 million observed over the last three months.
ChargePoint Holdings Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $2.68 on 12/26/23, and the lowest price during that time was $1.05, recorded on 11/21/24.
How Financial Performance Impacts Market Capitalization
ChargePoint Holdings Inc (CHPT) has experienced a quarterly decline of -20.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 546.09M and boasts a workforce of 1650 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 1.3944, with a change in price of -0.8619. Similarly, ChargePoint Holdings Inc recorded 12,961,188 in trading volume during the last 100 days, posting a change of -43.31%.
How CHPT’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 CHPT stands at 1.74. Similarly, the long-term debt-to-equity ratio is also 1.74.
CHPT Stock Stochastic Average
As of today, the raw stochastic average of ChargePoint Holdings Inc over the past 50 days is 17.36%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 4.64%. Additionally, the Stochastic %K and %D values for the company were 19.32% and 22.74%, respectively, over the past 20 days.
CHPT 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. This year’s metric has recorded a Price decrease of -51.50%. However, over the past six months, we’ve seen a stronger performance of -12.02%. The price of CHPT fallen by 0.44% over the last 30 days. And in the last five days, it has surged by 0.44%.
