Rigel Pharmaceuticals experienced a rather shaky stock market performance. The highest value in the past year was recorded at $1.96 on 05/18/23 and the lowest value was $0.71 on 10/25/23.
52-week price history of RIGL Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Rigel Pharmaceuticals’s current trading price is -30.87% away from its 52-week high, while its distance from the 52-week low is 90.31%. The stock’s price range during this period has spanned from $0.71 to $1.96. In the Healthcare sector, the Rigel Pharmaceuticals’s shares surpassed a trading volume of approximately 0.77 million for the day, which was noticeably lower compared to the average daily volume of 9.1.08 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Rigel Pharmaceuticals (RIGL) has experienced a quarterly rise of 8.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 237.64M and boasts a workforce of 147 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1865, with a change in price of +0.4610. Similarly, Rigel Pharmaceuticals recorded 1,203,219 in trading volume during the last 100 days, posting a change of +50.44%.
RIGL Stock Stochastic Average
Today, Rigel Pharmaceuticals’s raw stochastic average for the past 50 days stands at 45.30%, indicating a rise from the raw stochastic average of the last 20 days, which was 42.74%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 52.96% and 59.95% respectively.
RIGL Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a loss of -6.55%.However, over the last six months, we can see a weaker performance of 24.31%. Over the last 30 days, the price of RIGL has fallen by 20.98%. And in the last five days, it has fallen by -11.44%.
