Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. REE Automotive Ltd’s current trading price is -71.25% away from its 52-week high, while its distance from the 52-week low is 15.81%. The stock’s price range over this period has fluctuated between $2.91 and $11.72. The company, operating within the financial sector, had a trading volume of approximately 0.58 million for the day, which was noticeably higher than the average daily share volume of 67900.0 over the last 3 months.
In terms of market performance, REE Automotive Ltd had a fairly uneven. The highest value for the stock in the past year was $11.72 on 12/11/24, and the lowest value was recorded at $2.91 on 09/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
REE Automotive Ltd (REE) has experienced a quarterly decline of -60.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 94.65M and boasts a workforce of 244 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.72, with a change in price of -4.00. Similarly, REE Automotive Ltd recorded 79,697 in trading volume during the last 100 days, posting a change of -54.27%.
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 REE stands at 0.73. Similarly, the long-term debt-to-equity ratio is also 0.40.
REE Stock Stochastic Average
Today’s raw stochastic average for REE Automotive Ltd over the last 50 days is 4.44%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 7.12%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 5.24% and 4.79%, respectively.
REE Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -61.83%. However, over the past six months, we’ve seen a stronger performance of -46.51%. The price of REE leaped by -54.58% over the last 30 days. And in the last five days, it has fallen by -15.75%.
