A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 27.12%. However, over the past six months, we’ve seen a stronger performance of -4.60%. The price of TOON fallen by 27.10% over the last 30 days. And in the last five days, it has surged by 17.10%.
Kartoon Studios Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $1.09 on 05/17/24, with the lowest value being $0.46 on 12/12/24.
52-week price history of TOON Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Kartoon Studios Inc’s current trading price is -31.19% away from its 52-week high, while its distance from the 52-week low is 63.01%. The stock’s price range for this period has been between $0.46 and $1.09. The Communication Services sector company’s shares saw a trading volume of about 0.9 million for the day, which was higher than the average daily volume of 0.21 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Kartoon Studios Inc (TOON) has experienced a quarterly rise of 31.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 35.84M and boasts a workforce of 344 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5832, with a change in price of +0.1651. Similarly, Kartoon Studios Inc recorded 243,533 in trading volume during the last 100 days, posting a change of +28.23%.
TOON’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for TOON stands at 0.48. Similarly, the long-term debt-to-equity ratio is also 0.15.
TOON Stock Stochastic Average
As of today, the raw stochastic average of Kartoon Studios Inc over the last 50 days is at 93.88%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 93.88%. Further, the company’s Stochastic %K and %D values for the last 20 days were 82.53% and 75.99%, respectively.
