The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Okeanis Eco Tankers Corp’s current trading price is -39.90% away from its 52-week high, while its distance from the 52-week low is 17.35%. The stock’s price range for this period has been between $18.79 and $36.69 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 0.35 million for the day, a number notably higher than the average daily volume of 0.18 million over the last three months.
Okeanis Eco Tankers Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $36.69 on 06/03/24, while the lowest price for the same period was registered at $18.79 on 12/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Okeanis Eco Tankers Corp (ECO) has experienced a quarterly decline of -36.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 698.54M and boasts a workforce of 14 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 27.28, with a change in price of -9.47. Similarly, Okeanis Eco Tankers Corp recorded 156,340 in trading volume during the last 100 days, posting a change of -30.04%.
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 ECO stands at 1.60. Similarly, the long-term debt-to-equity ratio is also 1.48.
ECO Stock Stochastic Average
Okeanis Eco Tankers Corp’s raw stochastic average for the past 50 days is presently 31.47%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 84.68%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 78.48% and 70.74%, respectively.
ECO Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 3.72% this year. Over the last six months, there has been a stronger performance of -28.13%. The price of ECO fallen by 3.42% during the last 30 days period. For the last 5-days stocks have improved 3.72%.
