A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Unusual Machines Inc’s current trading price is -37.85% away from its 52-week high, while its distance from the 52-week low is 1397.96%. The stock’s price range for this time frame has been between $0.98 and $23.62. The trading volume of the company’s shares in the Financial reached around 2.12 million for the day, which was evidently lower than the average daily volume of 4.4 million over the last three months.
How Financial Performance Impacts Market Capitalization
Unusual Machines Inc (UMAC) has experienced a quarterly rise of 912.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 204.25M and boasts a workforce of 3 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 4.99, with a change in price of +12.98. Similarly, Unusual Machines Inc recorded 2,817,973 in trading volume during the last 100 days, posting a change of +763.53%.
How UMAC’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 UMAC stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.17.
UMAC Stock Stochastic Average
Unusual Machines Inc’s raw stochastic average for the past 50 days is currently at 59.71%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 48.64%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 57.92% and 60.26%, respectively.
UMAC 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. Year to date metric has recorded a loss of -12.72%.However, over the last six months, we can see a weaker performance of 979.41%. Over the last 30 days, the price of UMAC has fallen by 43.22%. And in the last five days, it has fallen by -23.98%.
