Kornit Digital Ltd’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $34.28 on 12/18/24 and a low of $13.59 for the same time frame on 08/05/24.
52-week price history of KRNT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Kornit Digital Ltd’s current trading price is -44.09% away from its 52-week high, while its distance from the 52-week low is 41.06%. The stock’s price range during this period has spanned from $13.59 to $34.28. In the Industrials sector, the Kornit Digital Ltd’s shares surpassed a trading volume of approximately 0.68 million for the day, which was noticeably higher compared to the average daily volume of 9.0.31 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Kornit Digital Ltd (KRNT) has experienced a quarterly decline of -37.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 868.93M and boasts a workforce of 715 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 27.38, with a change in price of -12.87. Similarly, Kornit Digital Ltd recorded 294,583 in trading volume during the last 100 days, posting a change of -40.17%.
Examining KRNT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for KRNT stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
KRNT Stock Stochastic Average
Today’s raw stochastic average for Kornit Digital Ltd over the last 50 days is 28.30%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 52.84%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 26.44% and 15.63%, respectively.
KRNT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -38.06%.However, over the last six months, we can see a stronger performance of -23.56%. Over the last 30 days, the price of KRNT has leaped by -9.49%. And in the last five days, it has fallen by -2.14%.
