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. Akebia Therapeutics Inc.’s current trading price is -14.16% away from its 52-week high, while its distance from the 52-week low is 308.08%. The stock’s price range over this period has fluctuated between $0.49 and $2.33. The company, operating within the financial sector, had a trading volume of approximately 10.11 million for the day, which was noticeably higher than the average daily share volume of 2.94 million over the last 3 months.
Akebia Therapeutics Inc. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.33 on 03/25/24, while the lowest price for the same period was registered at $0.49 on 04/05/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Akebia Therapeutics Inc. (AKBA) has experienced a quarterly rise of 68.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 418.74M and boasts a workforce of 167 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.37, with a change in price of +1.12. Similarly, Akebia Therapeutics Inc. recorded 2,389,585 in trading volume during the last 100 days, posting a change of +127.27%.
AKBA Stock Stochastic Average
Today’s raw stochastic average for Akebia Therapeutics Inc. over the last 50 days is 68.28%.This indicates a increase from the raw stochastic average of the past 20 days, which was 66.67%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 82.26% and 88.17%, respectively.
AKBA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 61.29%.However, over the last six months, we can see a weaker performance of 76.99%. Over the last 30 days, the price of AKBA has fallen by 32.45%. And in the last five days, it has surged by 9.29%.
