A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -13.80% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 5.73%. Over the past 30 days, the price of ASXC has leaped by -7.28%. And in the last five days, it has fallen by -3.54%.
Asensus Surgical Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $0.86 on 04/19/23, while the lowest value for the same period was recorded at $0.20 on 10/30/23.
52-week price history of ASXC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Asensus Surgical Inc’s current trading price is -68.03% away from its 52-week high, while its distance from the 52-week low is 34.75%. The stock’s price range during this period has varied between$0.20 and $0.86. The Asensus Surgical Inc’s shares, which operate in the Healthcare, saw a trading volume of around 1.87 million for the day, a figure considerably higher than their average daily volume of 1.57 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Asensus Surgical Inc (ASXC) has experienced a quarterly decline of -21.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 74.77M and boasts a workforce of 209 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2839, with a change in price of +0.0399. Similarly, Asensus Surgical Inc recorded 1,532,766 in trading volume during the last 100 days, posting a change of +16.98%.
ASXC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ASXC stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.14.
ASXC Stock Stochastic Average
Asensus Surgical Inc’s raw stochastic average for the past 50 days is presently 59.73%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 68.97%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 63.05% and 60.86%, respectively.
