Volcon Inc (VLCN) plunge -12.43% in a week: will this be a lucky break through?

Volcon Inc (NASDAQ: VLCN) open the trading on Thursday, with a bit cautious approach as it glided -12.45% to $0.70, before settling in for the price of $0.80 at the close. Taking a more long-term approach, VLCN posted a 52-week range of $0.73-$4284.00.

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The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 294.92% for the last half of the decade. This publicly-traded company’s shares float of $4.66 million. The organization now has a market capitalization sitting at $3.69 million. At the time of writing, stock’s 50-day Moving Average stood at $1.0280, while the 200-day Moving Average is $49.4918.

Volcon Inc (VLCN) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Auto Manufacturers industry. Volcon Inc’s current insider ownership accounts for 0.00%, in contrast to 10.36% institutional ownership. According to the most recent insider trade that took place on Aug 30 ’24, this organization’s 10% Owner bought 10,000 shares at the rate of 1.42, making the entire transaction reach 14,156 in total value, affecting insider ownership by 774,569. Preceding that transaction, on Aug 28 ’24, Company’s 10% Owner bought 21,998 for 1.50, making the whole transaction’s value amount to 32,907. This particular insider is now the holder of 761,505 in total.

Volcon Inc (VLCN) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Volcon Inc (NASDAQ: VLCN) Trading Performance Indicators

Let’s observe the current performance indicators for Volcon Inc (VLCN). It’s Quick Ratio in the last reported quarter now stands at 0.52. The Stock has managed to achieve an average true range (ATR) of 0.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.04.

In the same vein, VLCN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -8931.68.

Technical Analysis of Volcon Inc (VLCN)

[Volcon Inc, VLCN] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 14.51% While, its Average True Range was 0.0614.

Raw Stochastic average of Volcon Inc (VLCN) in the period of the previous 100 days is set at 0.00%, which indicates a major fall in contrast to 0.05% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 64.18% that was lower than 124.81% volatility it exhibited in the past 100-days period.