Rigel Pharmaceuticals (RIGL) stock is currently valued at $0.79. During the last session, the stock experienced a remarkable rise, reaching $0.87 after opening at $0.8456. The stock briefly dropped to $0.793 before ultimately closing at $0.85.
Rigel Pharmaceuticals experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.04 on 01/23/23, while the lowest price for the same period was registered at $0.67 on 12/01/22.
52-week price history of RIGL Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Rigel Pharmaceuticals’s current trading price is -61.08% away from its 52-week high, while its distance from the 52-week low is 18.51%. The stock’s price range during this period has spanned from $0.67 to $2.04. In the Healthcare sector, the Rigel Pharmaceuticals’s shares surpassed a trading volume of approximately 0.57 million for the day, which was noticeably lower compared to the average daily volume of 9.1.01 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Rigel Pharmaceuticals (RIGL) has experienced a quarterly decline of -29.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 138.45M and boasts a workforce of 155 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1041, with a change in price of -0.7460. Similarly, Rigel Pharmaceuticals recorded 1,092,782 in trading volume during the last 100 days, posting a change of -48.44%.
RIGL Stock Stochastic Average
Today’s raw stochastic average for Rigel Pharmaceuticals over the last 50 days is 17.52%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 34.50%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 38.12% and 37.24%, respectively.
RIGL 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 -47.07%. However, over the last six months, the performance has been stronger by -56.37%. The price of RIGL decreased -16.91% over the last 30 days. And in the last five days, it has fallen by -10.79%.