Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Gelteq Ltd’s current trading price is -66.00% away from its 52-week high, while its distance from the 52-week low is 142.83%. The stock’s price range over this period has fluctuated between $0.77 and $5.50. The company, operating within the financial sector, had a trading volume of approximately 1.21 million for the day, which was noticeably lower than the average daily share volume of 2.93 million over the last 3 months.
Gelteq Ltd’s market performance has been unstable in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gelteq Ltd (GELS) has experienced a quarterly rise of 101.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.65M and boasts a workforce of 20 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5698, with a change in price of -0.0500. Similarly, Gelteq Ltd recorded 1,814,267 in trading volume during the last 100 days, posting a change of -2.60%.
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 GELS stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.00.
GELS Stock Stochastic Average
Today, Gelteq Ltd’s raw stochastic average for the past 50 days stands at 23.36%, indicating a decline from the raw stochastic average of the last 20 days, which was 72.00%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 48.69% and 38.47% respectively.
GELS Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic.
