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. Syntec Optics Holdings Inc’s current trading price is -58.28% away from its 52-week high, while its distance from the 52-week low is 314.15%. The stock’s price range over this period has fluctuated between $0.85 and $8.39. The company, operating within the financial sector, had a trading volume of approximately 38.79 million for the day, which was noticeably higher than the average daily share volume of 2.04 million over the last 3 months.
Syntec Optics Holdings Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $8.39 on 06/26/24, while the lowest price for the same period was registered at $0.85 on 11/26/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Syntec Optics Holdings Inc (OPTX) has experienced a quarterly rise of 182.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 231.67M and boasts a workforce of 148 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.34, with a change in price of +1.97. Similarly, Syntec Optics Holdings Inc recorded 1,713,126 in trading volume during the last 100 days, posting a change of +128.76%.
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 OPTX stands at 0.93. Similarly, the long-term debt-to-equity ratio is also 0.38.
OPTX Stock Stochastic Average
Today’s raw stochastic average for Syntec Optics Holdings Inc over the last 50 days is 62.40%.This indicates a increase from the raw stochastic average of the past 20 days, which was 62.40%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 42.65% and 48.10%, respectively.
OPTX 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. Year to date metric has recorded a loss of -30.42%.However, over the last six months, we can see a weaker performance of 42.86%. Over the last 30 days, the price of OPTX has fallen by 291.28%. And in the last five days, it has surged by 255.11%.
