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The Significance of Moving Averages in C4 Therapeutics Inc. Inc. (CCCC) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -47.29% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -67.60%. Over the past 30 days, the price of CCCC has leaped by -5.47%. And in the last five days, it has fallen by -6.89%.

The stock of C4 Therapeutics Inc. (CCCC) is currently priced at $3.11. In the last session, the stock climbed significantly, topping out at $3.27 after opening at $3.27. The day’s lowest price was $3.055 before the stock closed at $3.27.

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C4 Therapeutics Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $13.23 on 08/08/22, while the lowest value for the same period was recorded at $2.85 on 04/28/23.

52-week price history of CCCC Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. C4 Therapeutics Inc.’s current trading price is -76.50% away from its 52-week high, while its distance from the 52-week low is 9.12%. The stock’s price range during this period has varied between$2.85 and $13.23. The C4 Therapeutics Inc.’s shares, which operate in the Healthcare, saw a trading volume of around 0.57 million for the day, a figure considerably higher than their average daily volume of 0.56 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

C4 Therapeutics Inc. (CCCC) has experienced a quarterly decline of -45.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 148.38M and boasts a workforce of 146 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.94, with a change in price of -2.31. Similarly, C4 Therapeutics Inc. recorded 548,784 in trading volume during the last 100 days, posting a change of -42.62%.

CCCC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CCCC stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.

CCCC Stock Stochastic Average

C4 Therapeutics Inc.’s raw stochastic average for the past 50 days is presently 14.86%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 37.14%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 48.10% and 46.35%, respectively.

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