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. Galaxy Payroll Group Ltd’s current trading price is -95.63% away from its 52-week high, while its distance from the 52-week low is 89.74%. The stock’s price range during this period has varied between $0.39 and $16.93. The company, active in the Industrials sector, saw a trading volume of around 0.65 million for the day, considerably lower average daily volume of 1.47 million observed over the last three months.
Galaxy Payroll Group Ltd’s stock has seen a rocky market performance.
How Financial Performance Impacts Market Capitalization
Galaxy Payroll Group Ltd (GLXG) has experienced a quarterly rise of 6.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 13.33M and boasts a workforce of 29 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How GLXG’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 GLXG stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.01.
GLXG Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price N/A of N/A. However, over the past six months, we’ve seen a stronger performance of -25.25%. The price of GLXG fallen by 39.62% over the last 30 days. And in the last five days, it has surged by 35.16%.
