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 -98.82% away from its 52-week high, while its distance from the 52-week low is 56.80%. The stock’s price range during this period has varied between $0.26 and $34.08. The company, active in the Communication Services sector, saw a trading volume of around 33.06 million for the day, considerably higher average daily volume of 1.01 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 -83.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.36M.
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 2.3886, with a change in price of -9.6030. Similarly, TNL Mediagene recorded 954,649 in trading volume during the last 100 days, posting a change of -96.03%.
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 7.61%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 33.34%. Additionally, the Stochastic %K and %D values for the company were 20.16% and 15.35%, 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 -94.94%.However, over the last six months, we can see a stronger performance of -96.50%. Over the last 30 days, the price of TNMG has leaped by -33.10%. And in the last five days, it has surged by 37.99%.
