The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Patriot National Bancorp Inc’s current trading price is -76.44% away from its 52-week high, while its distance from the 52-week low is 95.56%. The stock’s price range for this period has been between $0.90 and $7.47 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 0.52 million for the day, a number notably lower than the average daily volume of 0.82 million over the last three months.
Patriot National Bancorp Inc saw a rather unpredictable run in, in terms of market performance.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Patriot National Bancorp Inc (PNBK) has experienced a quarterly decline of -59.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 149.22M and boasts a workforce of 129 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.2013, with a change in price of +0.7000. Similarly, Patriot National Bancorp Inc recorded 811,174 in trading volume during the last 100 days, posting a change of +66.04%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for PNBK stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.42.
PNBK Stock Stochastic Average
Patriot National Bancorp Inc’s raw stochastic average for the past 50 days is presently 16.76%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 93.88%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 75.44% and 71.99%, respectively.
PNBK Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price increase of 6.67%. However, over the past six months, we’ve seen a weaker performance of 12.82%. The price of PNBK fallen by 19.73% over the last 30 days. And in the last five days, it has surged by 11.39%.
