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. MSP Recovery Inc’s current trading price is -95.58% away from its 52-week high, while its distance from the 52-week low is 104.20%. The stock’s price range during this period has varied between $1.43 and $66.00. The company, active in the Healthcare sector, saw a trading volume of around 12.42 million for the day, considerably higher average daily volume of 1.32 million observed over the last three months.
MSP Recovery 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 $66.00 on 04/08/24, while the lowest price during the same period was $1.43 on 12/02/24.
How Financial Performance Impacts Market Capitalization
MSP Recovery Inc (MSPR) has experienced a quarterly rise of 15.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.67M and boasts a workforce of 88 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 2.6600, with a change in price of -0.9100. Similarly, MSP Recovery Inc recorded 968,945 in trading volume during the last 100 days, posting a change of -23.86%.
How MSPR’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 MSPR stands at 6.12. Similarly, the long-term debt-to-equity ratio is also 2.39.
MSPR Stock Stochastic Average
As of today, the raw stochastic average of MSP Recovery Inc over the last 50 days is at 55.39%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 90.37%. Further, the company’s Stochastic %K and %D values for the last 20 days were 36.37% and 17.70%, respectively.
MSPR Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 28.63%. However, over the past six months, we’ve seen a stronger performance of -63.15%. The price of MSPR fallen by 26.96% over the last 30 days. And in the last five days, it has surged by 56.15%.
