The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Akanda Corp’s current trading price is -55.32% away from its 52-week high, while its distance from the 52-week low is 35.47%. The stock’s price range for this period has been between $0.93 and $2.82 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 3.64 million for the day, a number notably higher than the average daily volume of 0.21 million over the last three months.
Akanda Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $2.82 on 08/23/24, while the lowest price for the same period was registered at $0.93 on 04/09/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Akanda Corp (AKAN) has experienced a quarterly rise of 4.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.87M and boasts a workforce of 2 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2571, with a change in price of -0.1200. Similarly, Akanda Corp recorded 190,973 in trading volume during the last 100 days, posting a change of -8.70%.
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 AKAN stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.00.
AKAN Stock Stochastic Average
Akanda Corp’s raw stochastic average for the past 50 days is presently 36.11%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 36.11%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 40.74% and 43.06%, respectively.
AKAN 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. Until today this year the stock’s price performance recorded a decrease of -55.00%. However, over the last six months, the performance has been stronger by -28.00%. The price of AKAN decreased 0.00% over the last 30 days. And in the last five days, it has fallen by -7.35%.
