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. Corsair Gaming Inc’s current trading price is -33.88% away from its 52-week high, while its distance from the 52-week low is 66.93%. The stock’s price range during this period has varied between $5.59 and $14.12. The company, active in the Technology sector, saw a trading volume of around 1.22 million for the day, considerably higher average daily volume of 0.63 million observed over the last three months.
Corsair Gaming Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $14.12 on 02/15/24, while the lowest price during the same period was $5.59 on 09/11/24.
How Financial Performance Impacts Market Capitalization
Corsair Gaming Inc (CRSR) has experienced a quarterly rise of 48.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 977.90M and boasts a workforce of 2387 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 7.06, with a change in price of +3.16. Similarly, Corsair Gaming Inc recorded 566,477 in trading volume during the last 100 days, posting a change of +51.13%.
How CRSR’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 CRSR stands at 0.41. Similarly, the long-term debt-to-equity ratio is also 0.36.
CRSR Stock Stochastic Average
As of today, the raw stochastic average of Corsair Gaming Inc over the last 50 days is at 91.15%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 90.85%. Further, the company’s Stochastic %K and %D values for the last 20 days were 80.50% and 80.93%, respectively.
CRSR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 41.30%.However, over the last six months, we can see a weaker performance of 11.99%. Over the last 30 days, the price of CRSR has fallen by 39.20%. And in the last five days, it has surged by 4.59%.
