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. Amneal Pharmaceuticals Inc’s current trading price is -11.30% away from its 52-week high, while its distance from the 52-week low is 330.83%. The stock’s price range over this period has fluctuated between $1.33 and $6.46. The company, operating within the financial sector, had a trading volume of approximately 2.31 million for the day, which was noticeably higher than the average daily share volume of 1.52 million over the last 3 months.
Amneal Pharmaceuticals Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $6.46 on 03/19/24, while the lowest price for the same period was registered at $1.33 on 04/14/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Amneal Pharmaceuticals Inc (AMRX) has experienced a quarterly decline of -3.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.77B and boasts a workforce of 7850 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.43, with a change in price of +1.45. Similarly, Amneal Pharmaceuticals Inc recorded 1,462,733 in trading volume during the last 100 days, posting a change of +33.88%.
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 AMRX stands at 139.06. Similarly, the long-term debt-to-equity ratio is also 127.55.
AMRX Stock Stochastic Average
Today’s raw stochastic average for Amneal Pharmaceuticals Inc over the last 50 days is 49.66%.This indicates a increase from the raw stochastic average of the past 20 days, which was 39.67%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 57.85% and 62.39%, respectively.
AMRX 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. Year to date metric has recorded a loss of -5.60%.However, over the last six months, we can see a weaker performance of 36.75%. Over the last 30 days, the price of AMRX has fallen by 6.31%. And in the last five days, it has fallen by -1.38%.
