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. Park Ha Biological Technology Co Ltd’s current trading price is -97.88% away from its 52-week high, while its distance from the 52-week low is 0.08%. The stock’s price range during this period has varied between $0.88 and $41.49. The company, active in the Consumer Defensive sector, saw a trading volume of around 0.83 million for the day, considerably lower average daily volume of 1.46 million observed over the last three months.
Park Ha Biological Technology Co Ltd’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
Park Ha Biological Technology Co Ltd (PHH) has experienced a quarterly decline of -93.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.22M and boasts a workforce of 31 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How PHH’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 PHH stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.03.
PHH Stock Stochastic Average
As of today, the raw stochastic average of Park Ha Biological Technology Co Ltd over the last 50 days is at 50.78%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 13.56%. Further, the company’s Stochastic %K and %D values for the last 20 days were 9.91% and 7.54%, respectively.
PHH Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic.
