At the end of the latest market close, PDL BioPharma Inc. (PDLI) was valued at $2.22. In that particular session, Stock kicked-off at the price of $2.23 while reaching the peak value of $2.26 and lowest value recorded on the day was $2.16. The stock current value is $2.26.
Recently in News on November 11, 2020, PDL BioPharma Reports 2020 Third Quarter Financial Results and Sets Date To File a Certificate of Dissolution. – Consummated critical monetization transactions during third quarter, including the sale of its Noden pharmaceutical business and of a basket of royalties to SWK Holdings. Also entered into a settlement agreement with Wellstat. Subsequently completed the spin-off of its medical device company, LENSAR, on October 1, 2020. You can read further details here
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PDL BioPharma 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 $3.86 on 02/13/20, with the lowest value was $2.09 for the same time period, recorded on 11/02/20.
PDL BioPharma Inc. (PDLI) full year performance was 0.39%
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, PDL BioPharma Inc. shares are logging -35.40% during the 52-week period from high price, and 19.09% 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 $1.90 and $3.50.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1057522 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the PDL BioPharma Inc. (PDLI) recorded performance in the market was -9.35%, having the revenues showcasing -25.55% 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 257.57M, as it employees total of 75 workers.
PDL BioPharma Inc. (PDLI) in the eye of market guru’s
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.92, with a change in the price was noted -0.83. In a similar fashion, PDL BioPharma Inc. posted a movement of -26.86% for the period of last 100 days, recording 1,043,871 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 PDLI is recording 0.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.03.
PDL BioPharma Inc. (PDLI): Stocks Technical analysis and Trends
Raw Stochastic average of PDL BioPharma Inc. in the period of last 50 days is set at 12.32%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 54.84%. In the last 20 days, the company’s Stochastic %K was 37.72% and its Stochastic %D was recorded 34.55%.
If we look into the earlier routines of PDL BioPharma Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -9.35%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -22.48%, alongside a boost of 0.39% for the period of the last 12 months. The shares increased approximately by -0.88% in the 7-day charts and went up by -7.00% in the period of the last 30 days. Common stock shares were lifted by -25.55% during last recorded quarter.