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CLSD’s 2023 Market Dance: Up 72.65% – Time to Invest?

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 72.65% this year. Over the last six months, there has been a weaker performance of 134.91%. The price of CLSD fallen by 46.38% during the last 30 days period. For the last 5-days stocks have improved 45.32%.

The market performance of Clearside Biomedical Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $1.87 on 03/11/24, with the lowest value for the same timeframe being $0.65, recorded on 10/26/23.

52-week price history of CLSD Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Clearside Biomedical Inc’s current trading price is 8.02% away from its 52-week high, while its distance from the 52-week low is 210.72%. The stock’s price range for this period has been between $0.65 and $1.87. The Healthcare sector company’s shares saw a trading volume of about 1.27 million for the day, which was higher than the average daily volume of 0.27 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Clearside Biomedical Inc (CLSD) has experienced a quarterly rise of 74.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 150.93M and boasts a workforce of 36 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1600, with a change in price of +1.1300. Similarly, Clearside Biomedical Inc recorded 239,108 in trading volume during the last 100 days, posting a change of +125.77%.

CLSD Stock Stochastic Average

As of today, the raw stochastic average of Clearside Biomedical Inc over the past 50 days is 94.85%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 94.44%. Additionally, the Stochastic %K and %D values for the company were 84.53% and 79.78%, respectively, over the past 20 days.