The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded an increase of 119.02%. However, over the last six months, the performance has been weaker by 9.78%. The price of SUUN increased 10.59% over the last 30 days. And in the last five days, it has surged by 38.58%.
SolarBank Corporation saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $7.50 on 04/08/24, while the lowest price for the same duration was marked at $1.95 on 12/31/24.
52-week price history of SUUN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. SolarBank Corporation’s current trading price is -40.13% away from its 52-week high, while its distance from the 52-week low is 130.26%. The stock’s price range during this period has varied between$1.95 and $7.50. The SolarBank Corporation’s shares, which operate in the Utilities, saw a trading volume of around 0.62 million for the day, a figure considerably higher than their average daily volume of 0.17 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
SolarBank Corporation (SUUN) has experienced a quarterly rise of 74.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 142.83M and boasts a workforce of 17 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.07, with a change in price of +0.69. Similarly, SolarBank Corporation recorded 122,364 in trading volume during the last 100 days, posting a change of +18.16%.
SUUN’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 SUUN stands at 1.66. Similarly, the long-term debt-to-equity ratio is also 1.41.
SUUN Stock Stochastic Average
SolarBank Corporation’s raw stochastic average for the past 50 days is presently 56.70%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 41.74%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 24.82% and 17.93%, respectively.
