A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Haoxi Health Technology Ltd’s current trading price is -98.70% away from its 52-week high, while its distance from the 52-week low is 50.00%. The stock’s price range for this time frame has been between $0.09 and $10.60. The trading volume of the company’s shares in the Communication Services reached around 5.62 million for the day, which was evidently lower than the average daily volume of 8.13 million over the last three months.
How Financial Performance Impacts Market Capitalization
Haoxi Health Technology Ltd (HAO) has experienced a quarterly decline of -24.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.00M and boasts a workforce of 30 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 0.8241, with a change in price of -3.6520. Similarly, Haoxi Health Technology Ltd recorded 5,999,339 in trading volume during the last 100 days, posting a change of -96.36%.
How HAO’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 HAO stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.03.
HAO Stock Stochastic Average
The raw stochastic average for Haoxi Health Technology Ltd over the last 50 days is presently at 25.61%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 42.79%. Further, the company’s Stochastic %K and %D values for the last 20 days were 44.06% and 45.95%, respectively.
HAO 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. This year’s metric has recorded a Price decrease of -8.00%. However, over the past six months, we’ve seen a stronger performance of -97.69%. The price of HAO fallen by 4.70% over the last 30 days. And in the last five days, it has fallen by -7.38%.
