A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Gamehaus Holdings Inc’s current trading price is -89.39% away from its 52-week high, while its distance from the 52-week low is 93.21%. The stock’s price range for this time frame has been between $0.96 and $17.49. The trading volume of the company’s shares in the Communication Services reached around 22.99 million for the day, which was evidently higher than the average daily volume of 86280.0 over the last three months.
Gamehaus Holdings Inc’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
Gamehaus Holdings Inc (GMHS) has experienced a quarterly rise of 37.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 99.37M.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5046, with a change in price of +0.3200. Similarly, Gamehaus Holdings Inc recorded 337,001 in trading volume during the last 100 days, posting a change of +23.02%.
How GMHS’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 GMHS stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
GMHS Stock Stochastic Average
The raw stochastic average for Gamehaus Holdings Inc over the last 50 days is presently at 43.11%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 43.11%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.03% and 16.43%, respectively.
GMHS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -82.50%. However, over the past six months, we’ve seen a weaker performance of 27.05%. The price of GMHS fallen by 6.85% over the last 30 days. And in the last five days, it has surged by 28.82%.
