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. PaxMedica Inc.’s current trading price is -93.14% away from its 52-week high, while its distance from the 52-week low is 15.31%. The stock’s price range during this period has varied between $0.26 and $4.39. The company, active in the Healthcare sector, saw a trading volume of around 1.06 million for the day, considerably higher average daily volume of 0.72 million observed over the last three months.
PaxMedica Inc. (PXMD) current stock price is $0.30. During the last trading session, the stock soared, reaching $0.3176 after opening at $0.2664. The stock’s lowest point was $0.262 before it closed at $0.27.
PaxMedica Inc.’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $4.39 on 09/15/22, and the lowest price during that time was $0.26, recorded on 09/12/23.
How Financial Performance Impacts Market Capitalization
PaxMedica Inc. (PXMD) has experienced a quarterly decline of -73.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.14M and boasts a workforce of 3 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 0.9571, with a change in price of -1.3188. Similarly, PaxMedica Inc. recorded 576,761 in trading volume during the last 100 days, posting a change of -81.41%.
How PXMD’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 PXMD stands at 0.74. Similarly, the long-term debt-to-equity ratio is also 0.04.
PXMD Stock Stochastic Average
As of today, the raw stochastic average of PaxMedica Inc. over the last 50 days is at 5.07%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 10.93%. Further, the company’s Stochastic %K and %D values for the last 20 days were 6.77% and 4.86%, respectively.
PXMD 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. Until today this year the stock’s price performance recorded a decrease of -85.16%. However, over the last six months, the performance has been stronger by -86.79%. The price of PXMD decreased -52.94% over the last 30 days. And in the last five days, it has fallen by -10.09%.