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. Ironwood Pharmaceuticals Inc.’s current trading price is -27.45% away from its 52-week high, while its distance from the 52-week low is 13.75%. The stock’s price range during this period has varied between $8.07 and $12.66. The company, active in the Healthcare sector, saw a trading volume of around 2.33 million for the day, considerably lower average daily volume of 2.34 million observed over the last three months.
Ironwood Pharmaceuticals Inc. (IRWD) currently has a stock price of $9.19. The stock saw a sharp increase in the last trading session, hitting a high of $8.86 after opening at $8.42. The lowest recorded price for the day was $8.345 before it closed at $8.61.
Ironwood Pharmaceuticals Inc.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $12.66 on 01/06/23, and the lowest price during the same period was recorded at $8.07 on 09/11/23.
How Financial Performance Impacts Market Capitalization
Ironwood Pharmaceuticals Inc. (IRWD) has experienced a quarterly decline of -14.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.46B and boasts a workforce of 219 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 10.26, with a change in price of -0.90. Similarly, Ironwood Pharmaceuticals Inc. recorded 2,291,973 in trading volume during the last 100 days, posting a change of -8.59%.
IRWD Stock Stochastic Average
As of today, the raw stochastic average of Ironwood Pharmaceuticals Inc. over the past 50 days is 43.03%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 84.30%. Additionally, the Stochastic %K and %D values for the company were 42.15% and 28.12%, respectively, over the past 20 days.
IRWD Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -25.87%.However, over the last six months, we can see a stronger performance of -12.02%. Over the last 30 days, the price of IRWD has leaped by -7.78%. And in the last five days, it has surged by 6.06%.