The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Myomo Inc’s current trading price is -34.59% away from its 52-week high, while its distance from the 52-week low is 883.83%. The stock’s price range for this period has been between $0.37 and $5.58 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.53 million for the day, a number notably lower than the average daily volume of 0.57 million over the last three months.
Myomo Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $5.58 on 12/15/23, while the lowest price for the same duration was marked at $0.37 on 05/19/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Myomo Inc (MYO) has experienced a quarterly decline of -14.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 96.80M and boasts a workforce of 106 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.31, with a change in price of +2.35. Similarly, Myomo Inc recorded 559,408 in trading volume during the last 100 days, posting a change of +180.77%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MYO stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.01.
MYO Stock Stochastic Average
As of today, Myomo Inc’s raw stochastic average for the last 50 days stands at 35.96%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 64.00%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 50.89% and 54.45%, respectively.
MYO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -27.15% this year. Over the last six months, there has been a weaker performance of 244.34%. The price of MYO fallen by 0.83% during the last 30 days period. For the last 5-days stocks have slided -8.06%.
