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. Pheton Holdings Ltd’s current trading price is -14.28% away from its 52-week high, while its distance from the 52-week low is 1350.76%. The stock’s price range during this period has varied between $1.32 and $22.34. The company, active in the Healthcare sector, saw a trading volume of around 0.38 million for the day, considerably lower average daily volume of 0.54 million observed over the last three months.
The market performance of Pheton Holdings Ltd has been somewhat stable.
How Financial Performance Impacts Market Capitalization
Pheton Holdings Ltd (PTHL) has experienced a quarterly rise of 391.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 272.89M.
The Role of Moving Averages and Trading Volume in Technical Analysis
How PTHL’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 PTHL stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
PTHL 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. Year to date metric has recorded a N/A of N/A.However, over the last six months, we can see a weaker performance of 358.13%. Over the last 30 days, the price of PTHL has fallen by 218.11%. And in the last five days, it has surged by 9.49%.
