The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Quipt Home Medical Corp’s current trading price is -39.48% away from its 52-week high, while its distance from the 52-week low is 31.09%. The stock’s price range for this period has been between $2.30 and $4.99 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.24 million for the day, a number notably higher than the average daily volume of 0.2 million over the last three months.
Quipt Home Medical Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $4.99 on 02/01/24 and the lowest value was $2.30 on 12/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Quipt Home Medical Corp (QIPT) has experienced a quarterly decline of -0.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 130.13M and boasts a workforce of 1200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.75, with a change in price of +0.16. Similarly, Quipt Home Medical Corp recorded 181,562 in trading volume during the last 100 days, posting a change of +5.59%.
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 QIPT stands at 0.93. Similarly, the long-term debt-to-equity ratio is also 0.73.
QIPT Stock Stochastic Average
As of today, Quipt Home Medical Corp’s raw stochastic average for the last 50 days stands at 82.21%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 82.21%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 77.23% and 79.66%, respectively.
QIPT 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. Year to date metric has recorded a loss of -0.98%.However, over the last six months, we can see a stronger performance of -10.65%. Over the last 30 days, the price of QIPT has leaped by -1.63%. And in the last five days, it has surged by 0.67%.
