Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Virios Therapeutics Inc’s current trading price is -80.20% away from its 52-week high, while its distance from the 52-week low is 71.72%. The stock’s price range during this period has varied between $0.28 and $2.42. The company, active in the Healthcare sector, saw a trading volume of around 0.41 million for the day, considerably higher average daily volume of 0.39 million observed over the last three months.
Virios Therapeutics Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $2.42 on 07/14/23, while the lowest price during the same period was $0.28 on 03/05/24.
How Financial Performance Impacts Market Capitalization
Virios Therapeutics Inc (VIRI) has experienced a quarterly decline of -19.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.23M and boasts a workforce of 4 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5313, with a change in price of -0.3311. Similarly, Virios Therapeutics Inc recorded 323,604 in trading volume during the last 100 days, posting a change of -40.87%.
How VIRI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for VIRI stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
VIRI Stock Stochastic Average
As of today, the raw stochastic average of Virios Therapeutics Inc over the last 50 days is at 32.75%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 57.20%. Further, the company’s Stochastic %K and %D values for the last 20 days were 52.97% and 51.55%, respectively.
VIRI 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. This year’s metric has recorded a Price decrease of -16.68%. However, over the past six months, we’ve seen a stronger performance of -47.92%. The price of VIRI fallen by 26.11% over the last 30 days. And in the last five days, it has surged by 44.44%.
