logo

GMHS: Riding the Market Waves of Growth and Decline in 2023

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. This year’s metric has recorded a Price decrease of -88.28%. However, over the past six months, we’ve seen a stronger performance of -87.87%. The price of GMHS leaped by -3.69% over the last 30 days. And in the last five days, it has fallen by -23.73%.

Gamehaus Holdings Inc’s market performance has been unstable in recent times.

52-week price history of GMHS Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Gamehaus Holdings Inc’s current trading price is -92.46% away from its 52-week high, while its distance from the 52-week low is 37.43%. The stock’s price range during this time has been between $0.96 and $17.49. The trading volume for the Communication Services sector company’s shares reached about 1.32 million for the day, which was higher than the average daily volume of 0.21 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Gamehaus Holdings Inc (GMHS) has experienced a quarterly decline of -88.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 70.69M.

Combining Moving Average and Trading Volume Data for Better Market Insight

GMHS’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 GMHS stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.

GMHS Stock Stochastic Average

Today, Gamehaus Holdings Inc’s raw stochastic average for the past 50 days stands at 24.12%, indicating a decline from the raw stochastic average of the last 20 days, which was 40.39%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 22.72% and 30.46% respectively.

Most Popular