A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. BioCardia Inc.’s current trading price is -75.31% away from its 52-week high, while its distance from the 52-week low is 100.25%. The stock’s price range for this time frame has been between $0.36 and $2.92. The trading volume of the company’s shares in the Healthcare reached around 1.77 million for the day, which was evidently lower than the average daily volume of 2.38 million over the last three months.
Currently, the stock price of BioCardia Inc. (BCDA) is $0.72. In the most recent trading session, the stock underwent a significant upswing, peaking at $0.7979 after opening at $0.72. The stock touched a low of $0.7112 before closing at $0.80.
The market performance of BioCardia Inc. has been somewhat unstable. Over the past year, the company’s stock achieved a high of $2.92 on 06/21/23, with the lowest value for the same timeframe being $0.36, recorded on 11/01/23.
How Financial Performance Impacts Market Capitalization
BioCardia Inc. (BCDA) has experienced a quarterly decline of -16.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.59M and boasts a workforce of 36 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 0.9196, with a change in price of -1.9991. Similarly, BioCardia Inc. recorded 1,614,988 in trading volume during the last 100 days, posting a change of -73.50%.
BCDA Stock Stochastic Average
BioCardia Inc.’s raw stochastic average for the past 50 days is currently at 30.33%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 30.33%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 38.84% and 46.35%, respectively.
BCDA Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -65.51%. However, over the past six months, we’ve seen a stronger performance of -56.83%. The price of BCDA fallen by 84.37% over the last 30 days. And in the last five days, it has surged by 84.85%.