Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -5.07% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -87.67%. Over the past 30 days, the price of GLXG has fallen by 13.23%. And in the last five days, it has surged by 56.37%.
52-week price history of GLXG Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Galaxy Payroll Group Ltd’s current trading price is -94.45% away from its 52-week high, while its distance from the 52-week low is 70.87%. The stock’s price range for this period has been between $0.55 and $16.93. The Industrials sector company’s shares saw a trading volume of about 0.8 million for the day, which was lower than the average daily volume of 1.11 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Galaxy Payroll Group Ltd (GLXG) has experienced a quarterly decline of -4.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.93M and boasts a workforce of 29 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4226, with a change in price of -13.7400. Similarly, Galaxy Payroll Group Ltd recorded 985,723 in trading volume during the last 100 days, posting a change of -93.60%.
GLXG’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for GLXG stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.18.
GLXG Stock Stochastic Average
As of today, the raw stochastic average of Galaxy Payroll Group Ltd over the past 50 days is 69.64%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 95.12%. Additionally, the Stochastic %K and %D values for the company were 61.45% and 42.83%, respectively, over the past 20 days.
