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. Canoo Inc’s current trading price is -98.97% away from its 52-week high, while its distance from the 52-week low is 17.34%. The stock’s price range over this period has fluctuated between $1.24 and $141.68. The company, operating within the financial sector, had a trading volume of approximately 3.49 million for the day, which was noticeably higher than the average daily share volume of 2.34 million over the last 3 months.
Canoo Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $141.68 on 01/10/24, while the lowest price for the same period was registered at $1.24 on 01/06/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Canoo Inc (GOEV) has experienced a quarterly decline of -92.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.08M and boasts a workforce of 651 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.8908, with a change in price of -29.3200. Similarly, Canoo Inc recorded 1,565,716 in trading volume during the last 100 days, posting a change of -95.19%.
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 GOEV stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.15.
GOEV Stock Stochastic Average
Today’s raw stochastic average for Canoo Inc over the last 50 days is 1.39%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 5.32%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 2.65% and 1.80%, respectively.
GOEV 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 gain of 3.19%.However, over the last six months, we can see a stronger performance of -97.02%. Over the last 30 days, the price of GOEV has leaped by -76.29%. And in the last five days, it has surged by 3.19%.
