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. This year’s metric has recorded a Price increase of 2.58%. The price of MSW fallen by 23.02% over the last 30 days. And in the last five days, it has fallen by -23.00%.
52-week price history of MSW Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Ming Shing Group Holdings Ltd’s current trading price is -39.89% away from its 52-week high, while its distance from the 52-week low is 71.89%. The stock’s price range during this time has been between $3.70 and $10.58. The trading volume for the Industrials sector company’s shares reached about 1.89 million for the day, which was higher than the average daily volume of 0.27 million over the last three months.
Combining Moving Average and Trading Volume Data for Better Market Insight
MSW’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MSW stands at 6.92. Similarly, the long-term debt-to-equity ratio is also 3.08.
MSW Stock Stochastic Average
Today’s raw stochastic average for Ming Shing Group Holdings Ltd over the last 50 days is 38.66%.This indicates a increase from the raw stochastic average of the past 20 days, which was 22.35%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 47.22% and 55.05%, respectively.