The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. MGO Global Inc’s current trading price is -97.37% away from its 52-week high, while its distance from the 52-week low is 33.61%. The stock’s price range for this period has been between $0.36 and $18.30 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 1.77 million for the day, a number notably lower than the average daily volume of 2.01 million over the last three months.
In terms of market performance, MGO Global Inc had a fairly uneven. The highest value for the stock in the past year was $18.30 on 05/22/24, and the lowest value was recorded at $0.36 on 12/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MGO Global Inc (MGOL) has experienced a quarterly decline of -81.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.44M and boasts a workforce of 7 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.1134, with a change in price of -3.2390. Similarly, MGO Global Inc recorded 1,290,919 in trading volume during the last 100 days, posting a change of -87.07%.
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 MGOL stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
MGOL Stock Stochastic Average
As of today, MGO Global Inc’s raw stochastic average for the last 50 days stands at 5.25%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 11.15%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 12.37% and 12.97%, respectively.
MGOL Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -14.72% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -85.64%. Over the past 30 days, the price of MGOL has leaped by -69.75%. And in the last five days, it has fallen by -16.95%.
