Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Phoenix Motor Inc’s current trading price is -82.87% away from its 52-week high, while its distance from the 52-week low is -1.91%. The stock’s price range during this period has varied between $0.25 and $1.44. The company, active in the Consumer Cyclical sector, saw a trading volume of around 0.75 million for the day, considerably lower average daily volume of 1.55 million observed over the last three months.
Phoenix Motor Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $1.44 on 02/02/24, and the lowest price during that time was $0.25, recorded on 01/23/25.
How Financial Performance Impacts Market Capitalization
Phoenix Motor Inc (PEV) has experienced a quarterly decline of -60.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.29M 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 0.4203, with a change in price of -0.2733. Similarly, Phoenix Motor Inc recorded 3,970,386 in trading volume during the last 100 days, posting a change of -52.56%.
How PEV’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 PEV stands at 0.45. Similarly, the long-term debt-to-equity ratio is also 0.16.
PEV Stock Stochastic Average
As of today, the raw stochastic average of Phoenix Motor Inc over the past 50 days is 5.57%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 5.57%. Additionally, the Stochastic %K and %D values for the company were 7.43% and 8.02%, respectively, over the past 20 days.
PEV 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. This year’s metric has recorded a Price decrease of -17.77%. However, over the past six months, we’ve seen a stronger performance of -39.46%. The price of PEV leaped by -10.39% over the last 30 days. And in the last five days, it has fallen by -12.49%.
