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. Digi Power X Inc’s current trading price is -62.20% away from its 52-week high, while its distance from the 52-week low is 69.64%. The stock’s price range during this period has varied between $0.84 and $3.77. The company, active in the Utilities sector, saw a trading volume of around 24.35 million for the day, considerably higher average daily volume of 0.89 million observed over the last three months.
Digi Power X Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $3.77 on 01/31/25, with the lowest value being $0.84 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Digi Power X Inc (DGXX) has experienced a quarterly decline of -26.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 52.68M and boasts a workforce of 16 employees.
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 1.6657, with a change in price of -0.5100. Similarly, Digi Power X Inc recorded 1,051,267 in trading volume during the last 100 days, posting a change of -26.70%.
How DGXX’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 DGXX stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
DGXX Stock Stochastic Average
As of today, the raw stochastic average of Digi Power X Inc over the past 50 days is 63.22%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 57.58%. Additionally, the Stochastic %K and %D values for the company were 69.39% and 80.41%, respectively, over the past 20 days.
DGXX Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -5.00% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -18.10%. Over the past 30 days, the price of DGXX has fallen by 57.46%. And in the last five days, it has surged by 3.26%.
