The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Worksport Ltd’s current trading price is -69.53% away from its 52-week high, while its distance from the 52-week low is 1.56%. The stock’s price range for this period has been between $0.36 and $1.20 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 4.9 million for the day, a number notably higher than the average daily volume of 1.17 million over the last three months.
Worksport Ltd’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.20 on 01/06/25 and a low of $0.36 for the same time frame on 03/14/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Worksport Ltd (WKSP) has experienced a quarterly decline of -56.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.04M and boasts a workforce of 72 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7847, with a change in price of -0.1843. Similarly, Worksport Ltd recorded 1,454,493 in trading volume during the last 100 days, posting a change of -33.52%.
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 WKSP stands at 0.37. Similarly, the long-term debt-to-equity ratio is also 0.34.
WKSP Stock Stochastic Average
Worksport Ltd’s raw stochastic average for the past 50 days is presently 0.67%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 1.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.92% and 13.77%, respectively.
WKSP 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. This year’s metric has recorded a Price decrease of -60.26%. However, over the past six months, we’ve seen a stronger performance of -25.78%. The price of WKSP leaped by -58.91% over the last 30 days. And in the last five days, it has fallen by -38.56%.
