A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. ScanTech AI Systems Inc’s current trading price is -91.39% away from its 52-week high, while its distance from the 52-week low is 16.67%. The stock’s price range for this time frame has been between $0.90 and $12.19. The trading volume of the company’s shares in the Industrials reached around 1.75 million for the day, which was evidently lower than the average daily volume of 4.65 million over the last three months.
ScanTech AI Systems Inc’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
ScanTech AI Systems Inc (STAI) has experienced a quarterly decline of -70.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 26.89M.
The Role of Moving Averages and Trading Volume in Technical Analysis
How STAI’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 STAI stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.00.
STAI Stock Stochastic Average
ScanTech AI Systems Inc’s raw stochastic average for the past 50 days is currently at 7.14%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 12.40%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 8.38% and 7.37%, respectively.
STAI Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -88.77%. However, over the last six months, the performance has been stronger by -90.52%. The price of STAI decreased -40.68% over the last 30 days. And in the last five days, it has fallen by -19.23%.
