Let’s start up with the current stock price of ShockWave Medical Inc. (SWAV), which is $70.65 to be very precise. The Stock rose vividly during the last session to $72.395 after opening rate of $70.00 while the lowest price it went was recorded $69.27 before closing at $68.80.
Recently in News on August 26, 2020, Shockwave Medical to Participate in Upcoming September Investor Conferences. Shockwave Medical, Inc. (NASDAQ: SWAV), a pioneer in the development of Intravascular Lithotripsy (IVL) to treat complex calcified cardiovascular disease, announced today that Shockwave management is scheduled to speak at the following upcoming virtual investor conferences:. You can read further details here
ShockWave Medical 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 $72.39 on 09/15/20, with the lowest value was $22.01 for the same time period, recorded on 03/18/20.
ShockWave Medical Inc. (SWAV) full year performance was 115.07%
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, ShockWave Medical Inc. shares are logging 1.98% during the 52-week period from high price, and 220.99% 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 $22.01 and $69.28.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1072670 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 ShockWave Medical Inc. (SWAV) recorded performance in the market was 60.86%, having the revenues showcasing 53.25% 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 2.40B, as it employees total of 284 workers.
Market experts do have their say about ShockWave Medical Inc. (SWAV)
During the last month, 0 analysts gave the ShockWave Medical 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 48.81, with a change in the price was noted +33.35. In a similar fashion, ShockWave Medical Inc. posted a movement of +89.41% for the period of last 100 days, recording 426,609 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 SWAV is recording 0.07 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.07.
Technical breakdown of ShockWave Medical Inc. (SWAV)
Raw Stochastic average of ShockWave Medical Inc. in the period of last 50 days is set at 94.30%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 90.27%. In the last 20 days, the company’s Stochastic %K was 90.88% and its Stochastic %D was recorded 89.16%.
Bearing in mind the latest performance of ShockWave Medical 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 60.86%. Additionally, trading for the stock in the period of the last six months notably improved by 179.58%, alongside a boost of 115.07% for the period of the last 12 months. The shares increased approximately by 13.68% in the 7-day charts and went down by 29.04% in the period of the last 30 days. Common stock shares were driven by 53.25% during last recorded quarter.