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Understanding Corvus Pharmaceuticals Inc Inc. (CRVS) Price Performance Through Chart Patterns

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 1.14% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 22.76%. Over the past 30 days, the price of CRVS has leaped by -22.61%. And in the last five days, it has fallen by -3.26%.

The market performance of Corvus Pharmaceuticals Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $4.19 on 06/09/23, while the lowest value for the same duration was $0.61 on 03/29/23.

52-week price history of CRVS Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Corvus Pharmaceuticals Inc’s current trading price is -57.52% away from its 52-week high, while its distance from the 52-week low is 193.25%. The stock’s price range during this time has been between $0.61 and $4.19. The trading volume for the Healthcare sector company’s shares reached about 0.27 million for the day, which was higher than the average daily volume of 0.22 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Corvus Pharmaceuticals Inc (CRVS) has experienced a quarterly rise of 3.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 87.29M and boasts a workforce of 28 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.8816, with a change in price of +0.5600. Similarly, Corvus Pharmaceuticals Inc recorded 230,936 in trading volume during the last 100 days, posting a change of +45.90%.

CRVS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CRVS stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.

CRVS Stock Stochastic Average

Today, Corvus Pharmaceuticals Inc’s raw stochastic average for the past 50 days stands at 8.05%, indicating a decline from the raw stochastic average of the last 20 days, which was 11.11%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 10.04% and 8.97% respectively.