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. SciSparc Ltd’s current trading price is -96.74% away from its 52-week high, while its distance from the 52-week low is 12.28%. The stock’s price range during this period has varied between $0.20 and $6.78. The company, active in the Healthcare sector, saw a trading volume of around 0.54 million for the day, considerably lower average daily volume of 0.73 million observed over the last three months.
The market performance of SciSparc Ltd has been somewhat unstable. Over the past year, the company’s stock achieved a high of $6.78 on 02/20/24, with the lowest value for the same timeframe being $0.20, recorded on 12/23/24.
How Financial Performance Impacts Market Capitalization
SciSparc Ltd (SPRC) has experienced a quarterly decline of -10.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.18M and boasts a workforce of 4 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 0.2713, with a change in price of -0.1488. Similarly, SciSparc Ltd recorded 2,174,999 in trading volume during the last 100 days, posting a change of -40.22%.
How SPRC’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 SPRC stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
SPRC Stock Stochastic Average
As of today, the raw stochastic average of SciSparc Ltd over the past 50 days is 24.08%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 27.53%. Additionally, the Stochastic %K and %D values for the company were 27.64% and 21.17%, respectively, over the past 20 days.
SPRC 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 -95.48% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -74.99%. Over the past 30 days, the price of SPRC has leaped by -9.99%. And in the last five days, it has fallen by -3.87%.
