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. Kodiak Sciences Inc’s current trading price is -46.33% away from its 52-week high, while its distance from the 52-week low is 283.94%. The stock’s price range during this period has varied between $1.37 and $9.80. The company, active in the Healthcare sector, saw a trading volume of around 3.49 million for the day, considerably higher average daily volume of 0.83 million observed over the last three months.
Kodiak Sciences Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $9.80 on 06/07/23, and the lowest price during that time was $1.37, recorded on 10/27/23.
How Financial Performance Impacts Market Capitalization
Kodiak Sciences Inc (KOD) has experienced a quarterly rise of 65.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 275.99M and boasts a workforce of 111 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 4.00, with a change in price of +3.15. Similarly, Kodiak Sciences Inc recorded 907,191 in trading volume during the last 100 days, posting a change of +149.29%.
How KOD’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 KOD stands at 0.68. Similarly, the long-term debt-to-equity ratio is also 0.65.
KOD Stock Stochastic Average
As of today, the raw stochastic average of Kodiak Sciences Inc over the last 50 days is at 47.38%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 11.93%. Further, the company’s Stochastic %K and %D values for the last 20 days were 65.94% and 77.91%, respectively.
KOD Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 73.03% this year. Over the last six months, there has been a weaker performance of 168.37%. The price of KOD leaped by -10.09% during the last 30 days period. For the last 5-days stocks have slided -8.68%.
