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. Gelteq Ltd’s current trading price is -50.38% away from its 52-week high, while its distance from the 52-week low is 254.41%. The stock’s price range during this period has varied between $0.77 and $5.50. The company, active in the Healthcare sector, saw a trading volume of around 73.18 million for the day, considerably higher average daily volume of 0.18 million observed over the last three months.
How Financial Performance Impacts Market Capitalization
Gelteq Ltd (GELS) has experienced a quarterly rise of 29.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.76M and boasts a workforce of 20 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 1.9553, with a change in price of +1.1800. Similarly, Gelteq Ltd recorded 1,043,170 in trading volume during the last 100 days, posting a change of +64.48%.
How GELS’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 GELS stands at 0.25. Similarly, the long-term debt-to-equity ratio is also 0.12.
GELS Stock Stochastic Average
As of today, the raw stochastic average of Gelteq Ltd over the last 50 days is at 67.07%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 67.07%. Further, the company’s Stochastic %K and %D values for the last 20 days were 50.39% and 44.84%, respectively.
GELS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 17.64%. The price of GELS fallen by 157.48% over the last 30 days. And in the last five days, it has surged by 193.47%.
