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. Perfect Moment Ltd’s current trading price is -86.78% away from its 52-week high, while its distance from the 52-week low is 21.21%. The stock’s price range during this period has varied between $0.66 and $6.05. The company, active in the Consumer Cyclical sector, saw a trading volume of around 0.6 million for the day, considerably higher average daily volume of 0.16 million observed over the last three months.
How Financial Performance Impacts Market Capitalization
Perfect Moment Ltd (PMNT) has experienced a quarterly decline of -27.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.81M and boasts a workforce of 39 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 1.0089, with a change in price of -0.0520. Similarly, Perfect Moment Ltd recorded 111,179 in trading volume during the last 100 days, posting a change of -6.10%.
How PMNT’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 PMNT stands at 1.04. Similarly, the long-term debt-to-equity ratio is also 0.01.
PMNT Stock Stochastic Average
As of today, the raw stochastic average of Perfect Moment Ltd over the last 50 days is at 14.89%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 17.50%. Further, the company’s Stochastic %K and %D values for the last 20 days were 14.58% and 20.38%, respectively.
PMNT Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -19.99%. However, over the past six months, we’ve seen a stronger performance of -55.06%. The price of PMNT leaped by -19.99% over the last 30 days. And in the last five days, it has fallen by -15.79%.
