Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Shoals Technologies Group Inc’s current trading price is -51.91% away from its 52-week high, while its distance from the 52-week low is 62.73%. The stock’s price range over this period has fluctuated between $2.71 and $9.17. The company, operating within the financial sector, had a trading volume of approximately 15.86 million for the day, which was noticeably higher than the average daily share volume of 6.15 million over the last 3 months.
In terms of market performance, Shoals Technologies Group Inc had a fairly uneven. The highest value for the stock in the past year was $9.17 on 05/07/24, and the lowest value was recorded at $2.71 on 03/11/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Shoals Technologies Group Inc (SHLS) has experienced a quarterly decline of -4.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 737.17M and boasts a workforce of 1290 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.11, with a change in price of -0.27. Similarly, Shoals Technologies Group Inc recorded 6,244,266 in trading volume during the last 100 days, posting a change of -5.77%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared 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
Today, Shoals Technologies Group Inc’s raw stochastic average for the past 50 days stands at 88.08%, indicating a rise from the raw stochastic average of the last 20 days, which was 86.63%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 90.67% and 89.94% respectively.
SHLS 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. Until today this year the stock’s price performance recorded a decrease of -20.25%. However, over the last six months, the performance has been stronger by -18.48%. The price of SHLS increased 40.45% over the last 30 days. And in the last five days, it has surged by 16.36%.