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. Shoals Technologies Group Inc’s current trading price is -68.67% away from its 52-week high, while its distance from the 52-week low is 24.72%. The stock’s price range during this period has varied between $2.71 and $10.79. The company, active in the Technology sector, saw a trading volume of around 12.27 million for the day, considerably higher average daily volume of 6.44 million observed over the last three months.
Shoals Technologies Group Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $10.79 on 04/08/24, and the lowest price during the same period was recorded at $2.71 on 03/11/25.
How Financial Performance Impacts Market Capitalization
Shoals Technologies Group Inc (SHLS) has experienced a quarterly decline of -43.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 565.00M and boasts a workforce of 1290 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 4.37, with a change in price of -2.33. Similarly, Shoals Technologies Group Inc recorded 6,094,946 in trading volume during the last 100 days, posting a change of -40.81%.
How SHLS’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 SHLS stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.26.
SHLS Stock Stochastic Average
As of today, the raw stochastic average of Shoals Technologies Group Inc over the past 50 days is 31.46%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 77.01%. Additionally, the Stochastic %K and %D values for the company were 55.17% and 53.64%, respectively, over the past 20 days.
SHLS 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. The index has shown a price loss of -38.88% this year. Over the last six months, there has been a stronger performance of -33.60%. The price of SHLS fallen by 19.86% during the last 30 days period. For the last 5-days stocks have improved 1.81%.
