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Dare Bioscience Inc’s Shares Reel: 34.60% Quarterly Revenue Decline Amid 45.62M Market Cap

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The market performance of Dare Bioscience Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $1.10 on 05/01/23, while the lowest value for the same duration was $0.27 on 12/08/23.

52-week price history of DARE Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Dare Bioscience Inc’s current trading price is -57.92% away from its 52-week high, while its distance from the 52-week low is 71.44%. The stock’s price range during the 52-week period has remained between $0.27 and $1.10. In the Healthcare sector, the company’s shares saw a trading volume of around 1.0 million for the day, which was evidently higher than the average daily volume of 0.45 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Dare Bioscience Inc (DARE) has experienced a quarterly rise of 34.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.62M and boasts a workforce of 30 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3758, with a change in price of +0.0371. Similarly, Dare Bioscience Inc recorded 534,271 in trading volume during the last 100 days, posting a change of +8.71%.

DARE Stock Stochastic Average

Dare Bioscience Inc’s raw stochastic average for the past 50 days is presently 56.01%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 44.54%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 60.52% and 60.28%, respectively.

DARE 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. This year’s metric has recorded a Price increase of 49.81%. However, over the past six months, we’ve seen a stronger performance of -1.51%. The price of DARE fallen by 35.11% over the last 30 days. And in the last five days, it has surged by 0.56%.