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. DigiAsia Corp’s current trading price is -96.03% away from its 52-week high, while its distance from the 52-week low is 38.65%. The stock’s price range over this period has fluctuated between $0.40 and $13.99. The company, operating within the financial sector, had a trading volume of approximately 5.99 million for the day, which was noticeably higher than the average daily share volume of 0.69 million over the last 3 months.
The market performance of DigiAsia Corp’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $13.99 on 01/23/24, while the lowest value for the same duration was $0.40 on 12/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
DigiAsia Corp (FAAS) has experienced a quarterly decline of -67.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.17M and boasts a workforce of 2 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1601, with a change in price of -1.0650. Similarly, DigiAsia Corp recorded 557,564 in trading volume during the last 100 days, posting a change of -65.74%.
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 FAAS stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.00.
FAAS Stock Stochastic Average
Today, DigiAsia Corp’s raw stochastic average for the past 50 days stands at 11.43%, indicating a decline from the raw stochastic average of the last 20 days, which was 34.29%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 18.41% and 13.39% respectively.
FAAS Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -95.04%. However, over the past six months, we’ve seen a stronger performance of -93.03%. The price of FAAS fallen by 2.97% over the last 30 days. And in the last five days, it has surged by 5.51%.
