In terms of market performance, Aeries Technology Inc had a fairly uneven.
52-week price history of AERT 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. Aeries Technology Inc’s current trading price is -72.70% away from its 52-week high, while its distance from the 52-week low is 73.91%. The stock’s price range during the 52-week period has remained between $0.46 and $2.93. In the Industrials sector, the company’s shares saw a trading volume of around 2.01 million for the day, which was evidently higher than the average daily volume of 37820.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Aeries Technology Inc (AERT) has experienced a quarterly rise of 39.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 35.65M and boasts a workforce of 1700 employees.
Making Sense of Trading Volume and Moving Average Data
Examining AERT’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 AERT stands at 26.68. Similarly, the long-term debt-to-equity ratio is also 14.06.
AERT 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. Until today this year the stock’s price performance recorded a decrease of -13.98%. However, over the last six months, the performance has been weaker by 5.92%. The price of AERT increased 27.21% over the last 30 days. And in the last five days, it has surged by 21.21%.
