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. Illumina Inc’s current trading price is -45.89% away from its 52-week high, while its distance from the 52-week low is 41.57%. The stock’s price range during this period has varied between $89.00 and $232.88. The company, active in the Healthcare sector, saw a trading volume of around 2.67 million for the day, considerably higher average daily volume of 1.77 million observed over the last three months.
Illumina Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $232.88 on 04/13/23, and the lowest price during the same period was recorded at $89.00 on 11/10/23.
How Financial Performance Impacts Market Capitalization
Illumina Inc (ILMN) has experienced a quarterly decline of -3.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.02B and boasts a workforce of 12010 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 129.41, with a change in price of +15.30. Similarly, Illumina Inc recorded 2,311,363 in trading volume during the last 100 days, posting a change of +13.82%.
How ILMN’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 ILMN stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.38.
ILMN Stock Stochastic Average
As of today, the raw stochastic average of Illumina Inc over the past 50 days is 0.80%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 0.98%. Additionally, the Stochastic %K and %D values for the company were 8.71% and 22.63%, respectively, over the past 20 days.
ILMN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -9.51% this year. Over the last six months, there has been a stronger performance of -5.91%. The price of ILMN leaped by -6.44% during the last 30 days period. For the last 5-days stocks have slided -9.14%.
