Cingulate Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $20.83 on 08/16/24 and the lowest value was $1.80 on 08/14/24.
52-week price history of CING Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Cingulate Inc’s current trading price is -79.60% away from its 52-week high, while its distance from the 52-week low is 136.10%. The stock’s price range during the 52-week period has remained between $1.80 and $20.83. In the Healthcare sector, the company’s shares saw a trading volume of around 0.52 million for the day, which was evidently higher than the average daily volume of 95650.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Cingulate Inc (CING) has experienced a quarterly decline of -5.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.04M and boasts a workforce of 13 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 4.29, with a change in price of +0.18. Similarly, Cingulate Inc recorded 129,424 in trading volume during the last 100 days, posting a change of +4.42%.
Examining CING’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 CING stands at 0.86. Similarly, the long-term debt-to-equity ratio is also 0.16.
CING Stock Stochastic Average
As of today, Cingulate Inc’s raw stochastic average for the last 50 days stands at 70.25%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 64.94%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 36.76% and 34.68%, respectively.
CING 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. The index has shown a price loss of -13.79% this year. Over the last six months, there has been a weaker performance of 22.48%. The price of CING fallen by 5.72% during the last 30 days period. For the last 5-days stocks have improved 7.87%.
