logo

Understanding Daktronics Inc Inc. (DAKT) Price Performance Through Chart Patterns

ALXO Stock

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 -23.61%. However, over the past six months, we’ve seen a stronger performance of -0.54%. The price of DAKT leaped by -11.78% over the last 30 days. And in the last five days, it has surged by 1.34%.

In terms of market performance, Daktronics Inc had a fairly even. The highest value for the stock in the past year was $19.89 on 12/06/24, and the lowest value was recorded at $8.81 on 04/16/24.

52-week price history of DAKT Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Daktronics Inc’s current trading price is -35.24% away from its 52-week high, while its distance from the 52-week low is 46.20%. The stock’s price range during this period has varied between$8.81 and $19.89. The Daktronics Inc’s shares, which operate in the Technology, saw a trading volume of around 0.84 million for the day, a figure considerably higher than their average daily volume of 0.45 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Daktronics Inc (DAKT) has experienced a quarterly decline of -24.01% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 642.63M and boasts a workforce of 2831 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 15.53, with a change in price of -0.24. Similarly, Daktronics Inc recorded 493,615 in trading volume during the last 100 days, posting a change of -1.83%.

DAKT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for DAKT stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.18.

DAKT Stock Stochastic Average

Daktronics Inc’s raw stochastic average for the past 50 days is presently 34.51%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 86.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 54.57% and 45.73%, respectively.