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. Almonty Industries Inc’s current trading price is -35.25% away from its 52-week high, while its distance from the 52-week low is 420.51%. The stock’s price range during this period has varied between $0.78 and $6.27. The company, active in the Basic Materials sector, saw a trading volume of around 1.24 million for the day, considerably higher average daily volume of 0.57 million observed over the last three months.
Currently, the stock price of Almonty Industries Inc (ALM) is $4.06. In the most recent trading session, the stock underwent a significant upswing, peaking at $6.96 after opening at $4.06. The stock touched a low of $6.47 before closing at $4.68.
The stock market performance of Almonty Industries Inc has been very steady.
How Financial Performance Impacts Market Capitalization
Almonty Industries Inc (ALM) has experienced a quarterly rise of 56.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 876.39M.
The Role of Moving Averages and Trading Volume in Technical Analysis
How ALM’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 ALM stands at 21.03. Similarly, the long-term debt-to-equity ratio is also 18.70.
ALM Stock Stochastic Average
ALM Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 501.48%. However, over the past six months, we’ve seen a weaker performance of 100.49%. The price of ALM leaped by -10.18% over the last 30 days. And in the last five days, it has fallen by -10.18%.
