A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Abcam ADR’s current trading price is -5.49% away from its 52-week high, while its distance from the 52-week low is 91.75%. The stock’s price range for this time frame has been between $12.48 and $25.32. The trading volume of the company’s shares in the Healthcare reached around 43.97 million for the day, which was evidently higher than the average daily volume of 6.52 million over the last three months.
Abcam ADR (ABCM) currently has a stock price of $23.93. The stock saw a sharp increase in the last trading session, hitting a high of $23.93 after opening at $23.92. The lowest recorded price for the day was $23.91 before it closed at $23.07.
Abcam ADR’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $25.32 on 06/30/23, with the lowest value being $12.48 on 04/06/23.
How Financial Performance Impacts Market Capitalization
Abcam ADR (ABCM) has experienced a quarterly rise of 7.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.93B and boasts a workforce of 1800 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 23.00, with a change in price of +0.29. Similarly, Abcam ADR recorded 5,278,078 in trading volume during the last 100 days, posting a change of +1.23%.
How ABCM’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 ABCM stands at 0.30. Similarly, the long-term debt-to-equity ratio is also 0.12.
ABCM Stock Stochastic Average
Abcam ADR’s raw stochastic average for the past 50 days is currently at 100.00%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 100.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 84.93% and 81.89%, respectively.
ABCM Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a gain of 53.79%.However, over the last six months, we can see a weaker performance of 42.36%. Over the last 30 days, the price of ABCM has fallen by 5.19%. And in the last five days, it has surged by 3.50%.