Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -45.63% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 15.13%. Over the past 30 days, the price of OPTX has leaped by -29.02%. And in the last five days, it has surged by 23.42%.
Syntec Optics Holdings Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $8.39 on 06/26/24 and the lowest value was $0.85 on 11/26/24.
52-week price history of OPTX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Syntec Optics Holdings Inc’s current trading price is -83.67% away from its 52-week high, while its distance from the 52-week low is 62.11%. The stock’s price range during this period has varied between$0.85 and $8.39. The Syntec Optics Holdings Inc’s shares, which operate in the Technology, saw a trading volume of around 1.28 million for the day, a figure considerably lower than their average daily volume of 3.08 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Syntec Optics Holdings Inc (OPTX) has experienced a quarterly rise of 46.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 50.26M and boasts a workforce of 148 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 1.7091, with a change in price of +0.0300. Similarly, Syntec Optics Holdings Inc recorded 1,891,902 in trading volume during the last 100 days, posting a change of +2.24%.
OPTX’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 OPTX stands at 0.93. Similarly, the long-term debt-to-equity ratio is also 0.38.
OPTX Stock Stochastic Average
As of today, Syntec Optics Holdings Inc’s raw stochastic average for the last 50 days stands at 9.25%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 36.36%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 29.84% and 26.61%, respectively.
