Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Achieve Life Sciences Inc.’s current trading price is -39.71% away from its 52-week high, while its distance from the 52-week low is 210.50%. The stock’s price range over this period has fluctuated between $2.00 and $10.30. The company, operating within the financial sector, had a trading volume of approximately 1.53 million for the day, which was noticeably higher than the average daily share volume of 0.14 million over the last 3 months.
The stock price for Achieve Life Sciences Inc. (ACHV) currently stands at $6.21. The stock experienced a substantial increase in the last session, hitting $7.80 after starting at $7.80. The stock’s lowest price was $6.00 before closing at $8.15.
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The market performance of Achieve Life Sciences Inc.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $10.30 on 05/11/23, while the lowest value for the same duration was $2.00 on 11/09/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Achieve Life Sciences Inc. (ACHV) has experienced a quarterly rise of 18.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 110.97M and boasts a workforce of 16 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.80, with a change in price of +3.78. Similarly, Achieve Life Sciences Inc. recorded 143,043 in trading volume during the last 100 days, posting a change of +155.56%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ACHV stands at 41.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ACHV Stock Stochastic Average
Today, Achieve Life Sciences Inc.’s raw stochastic average for the past 50 days stands at 32.17%, indicating a rise from the raw stochastic average of the last 20 days, which was 4.88%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 19.05% and 20.77% respectively.
ACHV Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 153.47%. However, over the past six months, we’ve seen a weaker performance of 159.83%. The price of ACHV leaped by -23.14% over the last 30 days. And in the last five days, it has fallen by -21.39%.
