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. Lantronix Inc’s current trading price is -35.68% away from its 52-week high, while its distance from the 52-week low is 79.88%. The stock’s price range over this period has fluctuated between $2.48 and $6.95. The company, operating within the financial sector, had a trading volume of approximately 0.79 million for the day, which was noticeably higher than the average daily share volume of 0.41 million over the last 3 months.
The market performance of Lantronix Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $6.95 on 01/16/24, while the lowest value for the same duration was $2.48 on 11/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Lantronix Inc (LTRX) has experienced a quarterly rise of 17.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 171.98M and boasts a workforce of 373 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.67, with a change in price of +1.12. Similarly, Lantronix Inc recorded 384,845 in trading volume during the last 100 days, posting a change of +33.43%.
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 LTRX stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.26.
LTRX Stock Stochastic Average
Today’s raw stochastic average for Lantronix Inc over the last 50 days is 99.00%.This indicates a increase from the raw stochastic average of the past 20 days, which was 98.32%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 94.04% and 90.08%, respectively.
LTRX Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 8.50%. However, over the last six months, the performance has been weaker by 22.80%. The price of LTRX increased 44.66% over the last 30 days. And in the last five days, it has surged by 9.56%.
