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. AMGEN Inc.’s current trading price is -17.65% away from its 52-week high, while its distance from the 52-week low is 28.26%. The stock’s price range over this period has fluctuated between $211.71 and $329.72. The company, operating within the financial sector, had a trading volume of approximately 2.37 million for the day, which was noticeably lower than the average daily share volume of 2.92 million over the last 3 months.
In terms of market performance, AMGEN Inc. had a fairly even. The highest value for the stock in the past year was $329.72 on 02/05/24, and the lowest value was recorded at $211.71 on 06/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
AMGEN Inc. (AMGN) has experienced a quarterly decline of -0.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 145.52B and boasts a workforce of 26700 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 283.87, with a change in price of -9.06. Similarly, AMGEN Inc. recorded 2,700,472 in trading volume during the last 100 days, posting a change of -3.23%.
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 AMGN stands at 10.50. Similarly, the long-term debt-to-equity ratio is also 10.25.
AMGN Stock Stochastic Average
Today, AMGEN Inc.’s raw stochastic average for the past 50 days stands at 3.26%, indicating a decline from the raw stochastic average of the last 20 days, which was 8.65%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 21.26% and 22.93% respectively.
AMGN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -5.72%. However, over the last six months, the performance has been weaker by 5.56%. The price of AMGN decreased -6.52% over the last 30 days. And in the last five days, it has fallen by -0.48%.
