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. PaxMedica Inc’s current trading price is -98.58% away from its 52-week high, while its distance from the 52-week low is -40.77%. The stock’s price range during this period has varied between $1.65 and $69.19. The company, active in the Healthcare sector, saw a trading volume of around 4.32 million for the day, considerably higher average daily volume of 1.05 million observed over the last three months.
PaxMedica Inc (PXMD) has a current stock price of $0.98. During the previous trading session, the stock witnessed a notable rise, reaching a high of $1.15 after opening at $1.12. The stock’s low for the day was $0.95, and it eventually closed at $1.75.
PaxMedica Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $69.19 on 02/03/23, with the lowest value being $1.65 on 11/20/23.
How Financial Performance Impacts Market Capitalization
PaxMedica Inc (PXMD) has experienced a quarterly decline of -89.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.99M and boasts a workforce of 5 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 7.4689, with a change in price of -12.7696. Similarly, PaxMedica Inc recorded 747,903 in trading volume during the last 100 days, posting a change of -92.87%.
PXMD Stock Stochastic Average
As of today, the raw stochastic average of PaxMedica Inc over the last 50 days is at 0.32%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 0.32%. Further, the company’s Stochastic %K and %D values for the last 20 days were 1.89% and 4.34%, respectively.
PXMD Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -97.16% this year. Over the last six months, there has been a stronger performance of -96.23%. The price of PXMD leaped by -73.89% during the last 30 days period. For the last 5-days stocks have slided -42.69%.