The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Alkermes plc’s current trading price is -18.70% away from its 52-week high, while its distance from the 52-week low is 30.64%. The stock’s price range for this period has been between $20.46 and $32.88 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 4.1 million for the day, a number notably higher than the average daily volume of 1.87 million over the last three months.
In terms of market performance, Alkermes plc had a fairly uneven. The highest value for the stock in the past year was $32.88 on 06/26/23, and the lowest value was recorded at $20.46 on 10/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alkermes plc (ALKS) has experienced a quarterly decline of -9.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.47B and boasts a workforce of 2100 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 27.45, with a change in price of +2.75. Similarly, Alkermes plc recorded 2,328,579 in trading volume during the last 100 days, posting a change of +11.47%.
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 ALKS stands at 0.31. Similarly, the long-term debt-to-equity ratio is also 0.30.
ALKS Stock Stochastic Average
As of today, Alkermes plc’s raw stochastic average for the last 50 days stands at 17.39%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 35.82%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 21.06% and 12.25%, respectively.
ALKS Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -3.64% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 0.26%. Over the past 30 days, the price of ALKS has leaped by -8.62%. And in the last five days, it has fallen by -0.15%.
