Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. MyMD Pharmaceuticals Inc’s current trading price is -96.64% away from its 52-week high, while its distance from the 52-week low is 14.49%. The stock’s price range over this period has fluctuated between $2.07 and $70.50. The company, operating within the financial sector, had a trading volume of approximately 9.87 million for the day, which was noticeably higher than the average daily share volume of 43410.0 over the last 3 months.
The market performance of MyMD Pharmaceuticals Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $70.50 on 05/22/23, while the lowest value for the same duration was $2.07 on 04/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MyMD Pharmaceuticals Inc (MYMD) has experienced a quarterly decline of -61.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.12M and boasts a workforce of 6 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.32, with a change in price of -6.91. Similarly, MyMD Pharmaceuticals Inc recorded 145,594 in trading volume during the last 100 days, posting a change of -73.21%.
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 MYMD stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
MYMD Stock Stochastic Average
Today, MyMD Pharmaceuticals Inc’s raw stochastic average for the past 50 days stands at 14.29%, indicating a decline from the raw stochastic average of the last 20 days, which was 32.17%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 22.27% and 12.12% respectively.
MYMD Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -69.46%. However, over the past six months, we’ve seen a stronger performance of -82.05%. The price of MYMD leaped by -25.71% over the last 30 days. And in the last five days, it has surged by 6.76%.
