Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Macrogenics Inc’s current trading price is -24.31% away from its 52-week high, while its distance from the 52-week low is 286.01%. The stock’s price range over this period has fluctuated between $4.29 and $21.88. The company, operating within the financial sector, had a trading volume of approximately 1.82 million for the day, which was noticeably higher than the average daily share volume of 1.26 million over the last 3 months.
In terms of market performance, Macrogenics Inc had a fairly even. The highest value for the stock in the past year was $21.88 on 03/06/24, and the lowest value was recorded at $4.29 on 10/03/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Macrogenics Inc (MGNX) has experienced a quarterly rise of 95.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.03B and boasts a workforce of 339 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.27, with a change in price of +11.44. Similarly, Macrogenics Inc recorded 1,046,623 in trading volume during the last 100 days, posting a change of +223.44%.
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 MGNX stands at 0.22. Similarly, the long-term debt-to-equity ratio is also 0.20.
MGNX Stock Stochastic Average
Today’s raw stochastic average for Macrogenics Inc over the last 50 days is 57.61%.This indicates a increase from the raw stochastic average of the past 20 days, which was 10.74%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 14.97% and 22.84%, respectively.
MGNX 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. This year’s metric has recorded a Price increase of 72.14%. However, over the past six months, we’ve seen a weaker performance of 235.22%. The price of MGNX leaped by -7.59% over the last 30 days. And in the last five days, it has fallen by -22.87%.
