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. PaxMedica Inc’s current trading price is -97.08% away from its 52-week high, while its distance from the 52-week low is 22.09%. The stock’s price range over this period has fluctuated between $1.65 and $69.19. The company, operating within the financial sector, had a trading volume of approximately 0.82 million for the day, which was noticeably lower than the average daily share volume of 1.01 million over the last 3 months.
At present, PaxMedica Inc (PXMD) has a stock price of $2.02. In the previous session, the stock saw a rise, peaking at $2.34 after an opening price of $2.30. The day’s lowest price was $1.91, and it closed at $2.42.
PaxMedica Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $69.19 on 02/03/23, while the lowest price for the same duration was marked at $1.65 on 11/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
PaxMedica Inc (PXMD) has experienced a quarterly decline of -80.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.04M and boasts a workforce of 5 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.72, with a change in price of -11.58. Similarly, PaxMedica Inc recorded 689,346 in trading volume during the last 100 days, posting a change of -85.15%.
PXMD Stock Stochastic Average
Today, PaxMedica Inc’s raw stochastic average for the past 50 days stands at 4.25%, indicating a rise from the raw stochastic average of the last 20 days, which was 4.25%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 6.38% and 4.68% respectively.
PXMD Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -94.15%.However, over the last six months, we can see a stronger performance of -91.51%. Over the last 30 days, the price of PXMD has leaped by -63.45%. And in the last five days, it has fallen by -15.48%.