Electriq Power Holdings Inc. (NYSE:ELIQ) saw an upside of 6.29% to close Monday at $1.69 after adding $0.1 on the day. The 5-day average trading volume is 816,440 shares of the company’s common stock. It has gained $2.1300 in the past week and touched a new high 1 time within the past 5 days. An average of 801,310 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 363,404.
ELIQ’s 1-month performance is -83.02% or -$8.2600 on its low of $1.4500 reached on 08/18/23. The company’s shares have touched a 52-week low of $1.45 and high of $11.85, with the stock’s rally to the 52-week high happening on 07/24/23. YTD, ELIQ has lost -83.40% or -$8.4900 and has reached a new high 10 times. However, the current price is down -85.74% from the 52-week high price.
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Valuation Metrics
ELIQ stock has a beta of 0.37. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 9.16 while the price-to-book (PB) in the most recent quarter is 0.31.
Earnings Surprise
ELIQ stock balance sheet for the recent quarter shows that total liabilities totaled 97.82 million, with total debt at $53.57 million. Shareholders hold equity totaling $38.12 million.
Let’s look briefly at Electriq Power Holdings Inc. (ELIQ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 20.11% to suggest the stock is trending oversold, with historical volatility in this time period at 133.69%.
The stock’s 5-day moving average is $1.6860, reflecting a -21.21% or -$0.4550 change from its current price. ELIQ is currently trading -82.04% above its 20-day SMA, -83.33% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -83.77% and SMA200 by-82.84%.
Stochastic %K and %D was 2.89% and 1.71% and the average true range (ATR) pointed at 0.6913. The RSI (14) points at 19.58%, while the 14-day stochastic is at 4.75% with the period’s ATR at 0.7331. The stock’s 9-day MACD Oscillator is pointing at -0.3750 and -1.1258 on the 14-day charts.
