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. Abeona Therapeutics Inc’s current trading price is -22.42% away from its 52-week high, while its distance from the 52-week low is 212.05%. The stock’s price range over this period has fluctuated between $2.24 and $9.01. The company, operating within the financial sector, had a trading volume of approximately 1.4 million for the day, which was noticeably higher than the average daily share volume of 0.33 million over the last 3 months.
Abeona Therapeutics Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $9.01 on 03/06/24 and the lowest value was $2.24 on 03/20/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Abeona Therapeutics Inc (ABEO) has experienced a quarterly rise of 46.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 173.14M and boasts a workforce of 57 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.37, with a change in price of +3.00. Similarly, Abeona Therapeutics Inc recorded 275,611 in trading volume during the last 100 days, posting a change of +75.19%.
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 ABEO stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.18.
ABEO Stock Stochastic Average
Today, Abeona Therapeutics Inc’s raw stochastic average for the past 50 days stands at 59.48%, indicating a rise from the raw stochastic average of the last 20 days, which was 29.12%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 62.33% and 71.18% respectively.
ABEO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 39.52% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 73.45%. Over the past 30 days, the price of ABEO has fallen by 7.70%. And in the last five days, it has fallen by -10.50%.
