A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Pheton Holdings Ltd’s current trading price is -65.89% away from its 52-week high, while its distance from the 52-week low is 12.24%. The stock’s price range for this time frame has been between $1.96 and $6.45. The trading volume of the company’s shares in the Healthcare reached around 1.09 million for the day, which was evidently higher than the average daily volume of 40650.0 over the last three months.
How Financial Performance Impacts Market Capitalization
Pheton Holdings Ltd (PTHL) has experienced a quarterly decline of -51.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.35M.
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 4.13, with a change in price of -2.63. Similarly, Pheton Holdings Ltd recorded 105,871 in trading volume during the last 100 days, posting a change of -54.45%.
How PTHL’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 PTHL stands at 19.00. Similarly, the long-term debt-to-equity ratio is also 3.50.
PTHL Stock Stochastic Average
Pheton Holdings Ltd’s raw stochastic average for the past 50 days is currently at 23.91%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 23.91%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 44.63% and 46.55%, respectively.
PTHL Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -50.11% since the start of this calendar year. Over the past 30 days, the price of PTHL has leaped by -38.89%. And in the last five days, it has fallen by -16.35%.
