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. Baosheng Media Group Holdings Ltd’s current trading price is -80.38% away from its 52-week high, while its distance from the 52-week low is 86.11%. The stock’s price range during this period has varied between $1.44 and $13.66. The company, active in the Communication Services sector, saw a trading volume of around 38.2 million for the day, considerably higher average daily volume of 0.13 million observed over the last three months.
Baosheng Media Group Holdings Ltd had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $13.66 on 12/24/24, while the lowest price during the same period was $1.44 on 12/17/24.
How Financial Performance Impacts Market Capitalization
Baosheng Media Group Holdings Ltd (BAOS) has experienced a quarterly decline of -21.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.10M.
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 2.63, with a change in price of +1.13. Similarly, Baosheng Media Group Holdings Ltd recorded 1,270,955 in trading volume during the last 100 days, posting a change of +72.90%.
How BAOS’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 BAOS stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.00.
BAOS Stock Stochastic Average
As of today, the raw stochastic average of Baosheng Media Group Holdings Ltd over the last 50 days is at 17.11%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 17.11%. Further, the company’s Stochastic %K and %D values for the last 20 days were 30.17% and 35.06%, respectively.
BAOS 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 4.69%.However, over the last six months, we can see a weaker performance of 43.70%. Over the last 30 days, the price of BAOS has fallen by 8.50%. And in the last five days, it has surged by 35.35%.