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. This year’s metric has recorded a Price decrease of -84.23%. However, over the past six months, we’ve seen a stronger performance of -72.61%. The price of CGTL fallen by 27.36% over the last 30 days. And in the last five days, it has surged by 34.19%.
52-week price history of CGTL Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Creative Global Technology Holdings Ltd’s current trading price is -88.10% away from its 52-week high, while its distance from the 52-week low is 55.44%. The stock’s price range over this timeframe has been between $0.81 and $10.59. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 28.23 million for the day, which was comparatively higher than the average daily volume of 2.2 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Creative Global Technology Holdings Ltd (CGTL) has experienced a quarterly decline of -63.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.01M and boasts a workforce of 17 employees.
How Moving Averages and Trading Volume Data Work Together
CGTL’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 CGTL stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
