Stak Inc (NASDAQ: STAK) has seen a decline in its stock price by -7.54 in relation to its previous close of 3.98. However, the company has experienced a -0.67% decline in its stock price over the last five trading sessions. prnewswire.com reported 2025-03-04 that CHANGZHOU, China, March 4, 2025 /PRNewswire/ — STAK Inc. (the “Company”) (Nasdaq: STAK), a fast-growing company specializing in the research, development, manufacturing, and sale of oilfield-specialized production and maintenance equipment, today announced that the underwriters of its initial public offering (the “Offering”) have partially exercised their option to purchase an additional 160,349 ordinary shares at a public offering price of US$4.00 per ordinary share to cover over-allotments. Gross proceeds of the Company’s initial public offering, including the partial exercise of the over-allotment, totaled US$5.64 million, before deducting underwriting discounts and other related expenses.
Is It Worth Investing in Stak Inc (NASDAQ: STAK) Right Now?
The price-to-earnings ratio for Stak Inc (NASDAQ: STAK) is above average at 16.73x.
STAK currently public float of 2.05M.The average trading volume of STAK on March 12, 2025 was 258.37K shares.
STAK’s Market Performance
The simple moving average for the past 20 days is -3.73% for STAK’s stock, with a -3.73% simple moving average for the past 200 days.
STAK Trading at -3.73% from the 50-Day Moving Average
After a stumble in the market that brought STAK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.76% of loss for the given period.
During the last 5 trading sessions, STAK fell by -0.67%, in comparison to the 20-day moving average. In addition, Stak Inc saw -1.34% in overturn over a single year, with a tendency to cut further losses.
Conclusion
In summary, Stak Inc (STAK) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
