The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Freshworks Inc’s current trading price is -35.73% away from its 52-week high, while its distance from the 52-week low is 42.28%. The stock’s price range for this period has been between $10.81 and $23.93 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.69 million for the day, a number notably lower than the average daily volume of 4.18 million over the last three months.
Freshworks Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $23.93 on 01/12/24, while the lowest value for the same period was recorded at $10.81 on 10/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Freshworks Inc (FRSH) has experienced a quarterly rise of 37.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.66B and boasts a workforce of 4900 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.50, with a change in price of +3.82. Similarly, Freshworks Inc recorded 3,547,862 in trading volume during the last 100 days, posting a change of +33.28%.
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 FRSH stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
FRSH Stock Stochastic Average
As of today, Freshworks Inc’s raw stochastic average for the last 50 days stands at 61.06%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 14.41%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 38.42% and 44.88%, respectively.
FRSH Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -4.89%. However, over the last six months, the performance has been weaker by 20.53%. The price of FRSH decreased -8.56% over the last 30 days. And in the last five days, it has fallen by -3.27%.
