The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cricut Inc’s current trading price is -13.67% away from its 52-week high, while its distance from the 52-week low is 60.62%. The stock’s price range for this period has been between $3.53 and $6.57 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.78 million for the day, a number notably higher than the average daily volume of 0.65 million over the last three months.
At present, Cricut Inc (CRCT) has a stock price of $5.67. In the previous session, the stock saw a rise, peaking at $5.5 after an opening price of $5.67. The day’s lowest price was $3.0, and it closed at $4.85.
The market performance of Cricut Inc’s stock has been harmonious in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cricut Inc (CRCT) has experienced a quarterly rise of 24.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.20B and boasts a workforce of 640 employees.
Cricut Inc: What Analysts Are Saying
As of right now, 0 analyst is rating Cricut Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.62, with a change in price of +0.47. Similarly, Cricut Inc recorded 543,828 in trading volume during the last 100 days, posting a change of +9.04%.
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 CRCT stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
CRCT Stock Stochastic Average
As of today, Cricut Inc’s raw stochastic average for the last 50 days stands at 40.29%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 66.67%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 32.24% and 16.53%, respectively.
CRCT 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. Year to date metric has recorded a gain of 7.99%.However, over the last six months, we can see a weaker performance of 14.64%. Over the last 30 days, the price of CRCT has leaped by -5.81%. And in the last five days, it has surged by 15.24%.
