Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Vertex Pharmaceuticals Incorporated’s current trading price is -7.22% away from its 52-week high, while its distance from the 52-week low is 35.24%. The stock’s price range during this period has varied between $243.17 and $354.46. The company, active in the Healthcare sector, saw a trading volume of around 0.72 million for the day, considerably lower average daily volume of 1.08 million observed over the last three months.
Vertex Pharmaceuticals Incorporated (VRTX) has a current stock price of $328.87. During the previous trading session, the stock witnessed a notable rise, reaching a high of $333.99 after opening at $330.92. The stock’s low for the day was $327.59, and it eventually closed at $332.63.
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The stock market performance of Vertex Pharmaceuticals Incorporated has been very steady. Over the last year, the company’s stock hit its highest at $354.46 on 05/02/23, while the lowest price during the same time frame was $243.17, recorded on 06/14/22.
How Financial Performance Impacts Market Capitalization
Vertex Pharmaceuticals Incorporated (VRTX) has experienced a quarterly rise of 14.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 85.11B and boasts a workforce of 4800 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 313.89, with a change in price of +42.63. Similarly, Vertex Pharmaceuticals Incorporated recorded 1,191,399 in trading volume during the last 100 days, posting a change of +14.90%.
How VRTX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for VRTX stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.03.
VRTX Stock Stochastic Average
As of today, the raw stochastic average of Vertex Pharmaceuticals Incorporated over the past 50 days is 57.73%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 9.50%. Additionally, the Stochastic %K and %D values for the company were 19.82% and 32.49%, respectively, over the past 20 days.
VRTX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 13.88% this year. Over the last six months, there has been a weaker performance of 4.02%. The price of VRTX leaped by -3.09% during the last 30 days period. For the last 5-days stocks have slided -3.76%.