In the past week, HGAS stock has gone down by -1.53%, with a monthly decline of -12.84% and a quarterly plunge of -51.87%. The volatility ratio for the week is 22.28%, and the volatility levels for the last 30 days are 23.54% for Global Gas Corp The simple moving average for the past 20 days is -20.32% for HGAS’s stock, with a -79.72% simple moving average for the past 200 days.
Is It Worth Investing in Global Gas Corp (NASDAQ: HGAS) Right Now?
The stock has a 36-month beta value of -0.66.
The public float for HGAS is 1.12M, and at present, short sellers hold a 1.41% of that float. On April 26, 2024, the average trading volume of HGAS was 82.59K shares.
HGAS) stock’s latest price update
The stock of Global Gas Corp (NASDAQ: HGAS) has decreased by -8.51 when compared to last closing price of 1.41.Despite this, the company has seen a loss of -1.53% in its stock price over the last five trading days. Benzinga reported 2024-03-12 that The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
HGAS Trading at -29.89% from the 50-Day Moving Average
After a stumble in the market that brought HGAS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.90% of loss for the given period.
Volatility was left at 23.54%, however, over the last 30 days, the volatility rate increased by 22.28%, as shares sank -8.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.05% lower at present.
During the last 5 trading sessions, HGAS fell by -1.53%, which changed the moving average for the period of 200-days by -86.92% in comparison to the 20-day moving average, which settled at $1.6130. In addition, Global Gas Corp saw -65.05% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for HGAS
The total capital return value is set at -0.17. Equity return is now at value -6.61, with -3.77 for asset returns.
Based on Global Gas Corp (HGAS), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -11.34.
Currently, EBITDA for the company is -0.41 million with net debt to EBITDA at -0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.
Conclusion
To sum up, Global Gas Corp (HGAS) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
