The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cyngn Inc’s current trading price is -95.92% away from its 52-week high, while its distance from the 52-week low is 265.68%. The stock’s price range for this period has been between $0.35 and $31.49 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 48.8 million for the day, a number notably higher than the average daily volume of 2.21 million over the last three months.
Cyngn Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $31.49 on 01/26/24, while the lowest price for the same duration was marked at $0.35 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cyngn Inc (CYN) has experienced a quarterly decline of -66.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.31M and boasts a workforce of 81 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.0306, with a change in price of -3.5600. Similarly, Cyngn Inc recorded 1,861,467 in trading volume during the last 100 days, posting a change of -72.06%.
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 CYN stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.00.
CYN Stock Stochastic Average
As of today, Cyngn Inc’s raw stochastic average for the last 50 days stands at 12.25%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 17.47%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 8.71% and 5.45%, respectively.
CYN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -91.12% this year. Over the last six months, there has been a stronger performance of -81.98%. The price of CYN leaped by -78.62% during the last 30 days period. For the last 5-days stocks have improved 174.05%.
