A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Phoenix Motor Inc’s current trading price is -63.06% away from its 52-week high, while its distance from the 52-week low is 156.75%. The stock’s price range for this time frame has been between $0.20 and $1.39. The trading volume of the company’s shares in the Consumer Cyclical reached around 1.57 million for the day, which was evidently lower than the average daily volume of 8.22 million over the last three months.
The market performance of Phoenix Motor Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $1.39 on 10/07/24, with the lowest value for the same timeframe being $0.20, recorded on 01/30/25.
How Financial Performance Impacts Market Capitalization
Phoenix Motor Inc (PEV) has experienced a quarterly rise of 86.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.61M and boasts a workforce of 30 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 0.3520, with a change in price of -0.0283. Similarly, Phoenix Motor Inc recorded 5,422,659 in trading volume during the last 100 days, posting a change of -5.22%.
How PEV’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 PEV stands at 0.57. Similarly, the long-term debt-to-equity ratio is also 0.20.
PEV Stock Stochastic Average
Phoenix Motor Inc’s raw stochastic average for the past 50 days is currently at 48.40%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 42.58%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 50.77% and 55.82%, respectively.
PEV Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 71.17%. However, over the past six months, we’ve seen a weaker performance of 19.42%. The price of PEV fallen by 53.74% over the last 30 days. And in the last five days, it has fallen by -33.65%.
