The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Fortress Biotech Inc’s current trading price is -84.31% away from its 52-week high, while its distance from the 52-week low is 61.29%. The stock’s price range for this period has been between $1.24 and $12.75 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.31 million for the day, a number notably lower than the average daily volume of 0.49 million over the last three months.
Fortress Biotech Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $12.75 on 04/14/23, while the lowest value for the same period was recorded at $1.24 on 11/10/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Fortress Biotech Inc (FBIO) has experienced a quarterly decline of -42.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.76M and boasts a workforce of 187 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.18, with a change in price of +0.06. Similarly, Fortress Biotech Inc recorded 657,217 in trading volume during the last 100 days, posting a change of +3.09%.
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 FBIO stands at 4.44. Similarly, the long-term debt-to-equity ratio is also 3.88.
FBIO Stock Stochastic Average
Fortress Biotech Inc’s raw stochastic average for the past 50 days is presently 37.56%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 37.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 40.95% and 36.27%, respectively.
FBIO 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. Year to date metric has recorded a loss of -33.55%.However, over the last six months, we can see a stronger performance of -56.28%. Over the last 30 days, the price of FBIO has leaped by -8.26%. And in the last five days, it has surged by 1.52%.
