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. TNL Mediagene’s current trading price is -98.85% away from its 52-week high, while its distance from the 52-week low is -9.83%. The stock’s price range during this period has varied between $0.44 and $34.08. The company, active in the Communication Services sector, saw a trading volume of around 30.4 million for the day, considerably higher average daily volume of 0.21 million observed over the last three months.
TNL Mediagene’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
TNL Mediagene (TNMG) has experienced a quarterly decline of -93.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.30M.
The Role of Moving Averages and Trading Volume in Technical Analysis
How TNMG’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 TNMG stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.12.
TNMG Stock Stochastic Average
As of today, the raw stochastic average of TNL Mediagene over the past 50 days is 0.25%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 1.22%. Additionally, the Stochastic %K and %D values for the company were 4.51% and 4.23%, respectively, over the past 20 days.
TNMG Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -95.05%.However, over the last six months, we can see a stronger performance of -96.55%. Over the last 30 days, the price of TNMG has leaped by -73.12%. And in the last five days, it has fallen by -47.04%.
