Heramba Electric plc’s stock has had a tumultuous market performance.
52-week price history of PITA Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Heramba Electric plc’s current trading price is -96.65% away from its 52-week high, while its distance from the 52-week low is -40.82%. The stock’s price range during this period has fluctuated between $0.85 and $15.00. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 1.37 million for the day, which was evidently higher than the average daily volume of 60490.0 over the last three months.
Financial Performance and Market Capitalization
Heramba Electric plc (PITA) has experienced a quarterly decline of -54.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.91M and boasts a workforce of 5 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2693, with a change in price of -1.6670. Similarly, Heramba Electric plc recorded 75,241 in trading volume during the last 100 days, posting a change of -76.82%.
PITA Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PITA stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
PITA Stock Stochastic Average
Heramba Electric plc’s raw stochastic average for the past 50 days is currently at 7.98%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 10.20%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.02% and 7.68%, respectively.
PITA 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 -61.31%. However, over the past six months, we’ve seen a stronger performance of -86.80%. The price of PITA leaped by -61.31% over the last 30 days. And in the last five days, it has fallen by -44.11%.
