Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. ScanTech AI Systems Inc’s current trading price is -78.59% away from its 52-week high, while its distance from the 52-week low is 112.20%. The stock’s price range during this period has varied between $1.23 and $12.19. The company, active in the Industrials sector, saw a trading volume of around 0.51 million for the day, considerably lower average daily volume of 7.07 million observed over the last three months.
ScanTech AI Systems Inc had a pretty Dodgy run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
ScanTech AI Systems Inc (STAI) has experienced a quarterly decline of -48.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.12M.
The Role of Moving Averages and Trading Volume in Technical Analysis
How STAI’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 STAI stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.00.
STAI Stock Stochastic Average
As of today, the raw stochastic average of ScanTech AI Systems Inc over the last 50 days is at 34.76%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 62.50%. Further, the company’s Stochastic %K and %D values for the last 20 days were 61.01% and 45.58%, respectively.
STAI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -72.09%. However, over the past six months, we’ve seen a stronger performance of -75.77%. The price of STAI leaped by -20.67% over the last 30 days. And in the last five days, it has surged by 20.83%.
