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AKBA: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 37.10%.However, over the last six months, we can see a weaker performance of 34.92%. Over the last 30 days, the price of AKBA has fallen by 11.11%. And in the last five days, it has surged by 15.65%.

Akebia Therapeutics Inc. experienced a rather steady stock market performance. The highest value in the past year was recorded at $1.84 on 08/01/23 and the lowest value was $0.49 on 04/05/23.

52-week price history of AKBA Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Akebia Therapeutics Inc.’s current trading price is -7.61% away from its 52-week high, while its distance from the 52-week low is 246.87%. The stock’s price range during this period has varied between$0.49 and $1.84. The Akebia Therapeutics Inc.’s shares, which operate in the Healthcare, saw a trading volume of around 13.44 million for the day, a figure considerably higher than their average daily volume of 2.21 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Akebia Therapeutics Inc. (AKBA) has experienced a quarterly rise of 53.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 320.26M and boasts a workforce of 167 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2898, with a change in price of +0.8701. Similarly, Akebia Therapeutics Inc. recorded 1,961,416 in trading volume during the last 100 days, posting a change of +104.84%.

AKBA Stock Stochastic Average

Akebia Therapeutics Inc.’s raw stochastic average for the past 50 days is presently 77.36%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 76.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 35.26% and 24.76%, respectively.