A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Actelis Networks Inc’s current trading price is -76.30% away from its 52-week high, while its distance from the 52-week low is 202.95%. The stock’s price range for this time frame has been between $0.36 and $4.60. The trading volume of the company’s shares in the Technology reached around 3.01 million for the day, which was evidently higher than the average daily volume of 0.74 million over the last three months.
Actelis Networks Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $4.60 on 06/05/24, and the lowest price during the same period was recorded at $0.36 on 05/24/24.
How Financial Performance Impacts Market Capitalization
Actelis Networks Inc (ASNS) has experienced a quarterly decline of -8.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.81M and boasts a workforce of 49 employees.
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 1.2154, with a change in price of -0.2900. Similarly, Actelis Networks Inc recorded 534,702 in trading volume during the last 100 days, posting a change of -21.01%.
How ASNS’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 ASNS stands at 0.56. Similarly, the long-term debt-to-equity ratio is also 0.07.
ASNS Stock Stochastic Average
Actelis Networks Inc’s raw stochastic average for the past 50 days is currently at 38.34%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 68.20%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 36.33% and 18.56%, respectively.
ASNS 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. Until today this year the stock’s price performance recorded a decrease of -18.66%. However, over the last six months, the performance has been stronger by -35.50%. The price of ASNS decreased -9.92% over the last 30 days. And in the last five days, it has surged by 51.37%.
