The market performance of ContextLogic Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $8.24 on 12/04/24, while the lowest value for the same duration was $4.01 on 02/02/24.
52-week price history of LOGC Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. ContextLogic Inc’s current trading price is -16.63% away from its 52-week high, while its distance from the 52-week low is 71.32%. The stock’s price range during the 52-week period has remained between $4.01 and $8.24. In the Consumer Cyclical sector, the company’s shares saw a trading volume of around 0.2 million for the day, which was evidently lower than the average daily volume of 0.26 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
ContextLogic Inc (LOGC) has experienced a quarterly rise of 14.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 180.58M and boasts a workforce of 452 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.35, with a change in price of +1.39. Similarly, ContextLogic Inc recorded 254,861 in trading volume during the last 100 days, posting a change of +25.36%.
Examining LOGC’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LOGC stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
LOGC Stock Stochastic Average
As of today, ContextLogic Inc’s raw stochastic average for the last 50 days stands at 38.01%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 51.56%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 41.54% and 30.49%, respectively.
LOGC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -2.28%. However, over the last six months, the performance has been weaker by 13.93%. The price of LOGC decreased -4.45% over the last 30 days. And in the last five days, it has surged by 1.78%.
