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CHRS Stock on the Rise: A Promising Investment

ZM Stock

Coherus Biosciences Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $8.65 on 04/17/23, and the lowest price during the same period was recorded at $1.43 on 11/10/23.

52-week price history of CHRS Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Coherus Biosciences Inc’s current trading price is -71.68% away from its 52-week high, while its distance from the 52-week low is 71.32%. The stock’s price range during this period has fluctuated between $1.43 and $8.65. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 3.41 million for the day, which was evidently lower than the average daily volume of 5.93 million over the last three months.

Financial Performance and Market Capitalization

Coherus Biosciences Inc (CHRS) has experienced a quarterly rise of 12.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 272.83M and boasts a workforce of 306 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.41, with a change in price of -0.82. Similarly, Coherus Biosciences Inc recorded 5,834,526 in trading volume during the last 100 days, posting a change of -25.08%.

CHRS Stock Stochastic Average

Coherus Biosciences Inc’s raw stochastic average for the past 50 days is currently at 43.57%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 66.66%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 37.06% and 25.47%, respectively.

CHRS Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -26.43% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -45.92%. Over the past 30 days, the price of CHRS has leaped by -11.23%. And in the last five days, it has surged by 9.38%.