A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Smart Digital Group Ltd’s current trading price is -38.44% away from its 52-week high, while its distance from the 52-week low is 349.13%. The stock’s price range for this time frame has been between $4.03 and $29.40. The trading volume of the company’s shares in the Communication Services reached around 0.85 million for the day, which was evidently higher than the average daily volume of 0.43 million over the last three months.
Smart Digital Group Ltd had a pretty favorable run when it comes to the market performance.
How Financial Performance Impacts Market Capitalization
Smart Digital Group Ltd (SDM) has experienced a quarterly rise of 296.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 483.72M and boasts a workforce of 14 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
How SDM’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 SDM stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.03.
SDM Stock Stochastic Average
Smart Digital Group Ltd’s raw stochastic average for the past 50 days is currently at 53.69%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 36.84%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 45.66% and 54.91%, respectively.
SDM Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data.
