The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Northann Corp’s current trading price is -74.07% away from its 52-week high, while its distance from the 52-week low is 37.70%. The stock’s price range for this period has been between $0.15 and $0.81 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 9.79 million for the day, a number notably higher than the average daily volume of 0.61 million over the last three months.
Northann Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $0.81 on 03/12/24, while the lowest value for the same period was recorded at $0.15 on 08/30/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Northann Corp (NCL) has experienced a quarterly decline of -16.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.65M and boasts a workforce of 73 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2519, with a change in price of +0.0359. Similarly, Northann Corp recorded 4,400,002 in trading volume during the last 100 days, posting a change of +20.62%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NCL stands at 5.18. Similarly, the long-term debt-to-equity ratio is also 1.19.
NCL Stock Stochastic Average
As of today, Northann Corp’s raw stochastic average for the last 50 days stands at 12.93%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 26.04%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 15.19% and 12.06%, respectively.
NCL Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant loss of -22.96% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 21.35%. Over the past 30 days, the price of NCL has leaped by -25.00%. And in the last five days, it has fallen by -1.69%.
