Here is why Model N Inc. (MODN) stock volatility recorded over the last month was 3.78%

Let’s start up with the current stock price of Model N Inc. (MODN), which is $40.89 to be very precise. The Stock rose vividly during the last session to $41.72 after opening rate of $39.40 while the lowest price it went was recorded $39.24 before closing at $39.32.

Recently in News on August 13, 2020, Model N Continues to Lead in Life Sciences Market. Cloud Revenue Management Leader Grows Mid-Market Customer Base, Achieves Multiple Client Go-Live Events and Drives New SaaS Implementations. You can read further details here

Model N Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $44.56 on 08/05/20, with the lowest value was $15.00 for the same time period, recorded on 03/18/20.

Model N Inc. (MODN) full year performance was 42.18%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Model N Inc. shares are logging -8.24% during the 52-week period from high price, and 172.60% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $15.00 and $44.56.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1148915 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Model N Inc. (MODN) recorded performance in the market was 16.60%, having the revenues showcasing 26.44% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.43B, as it employees total of 733 workers.

Market experts do have their say about Model N Inc. (MODN)

During the last month, 0 analysts gave the Model N Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 33.78, with a change in the price was noted +17.43. In a similar fashion, Model N Inc. posted a movement of +74.30% for the period of last 100 days, recording 461,353 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MODN is recording 0.93 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.93.

Technical breakdown of Model N Inc. (MODN)

Raw Stochastic average of Model N Inc. in the period of last 50 days is set at 68.44%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 46.42%. In the last 20 days, the company’s Stochastic %K was 32.51% and its Stochastic %D was recorded 33.41%.

Bearing in mind the latest performance of Model N Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 16.60%. Additionally, trading for the stock in the period of the last six months notably improved by 39.22%, alongside a boost of 42.18% for the period of the last 12 months. The shares increased approximately by 1.19% in the 7-day charts and went up by 0.44% in the period of the last 30 days. Common stock shares were driven by 26.44% during last recorded quarter.