A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Kintara Therapeutics Inc’s current trading price is -98.16% away from its 52-week high, while its distance from the 52-week low is 35.93%. The stock’s price range for this time frame has been between $0.08 and $5.98. The trading volume of the company’s shares in the Healthcare reached around 2.57 million for the day, which was evidently lower than the average daily volume of 14.85 million over the last three months.
Kintara Therapeutics Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $5.98 on 05/03/23, with the lowest value being $0.08 on 03/12/24.
How Financial Performance Impacts Market Capitalization
Kintara Therapeutics Inc (KTRA) has experienced a quarterly decline of -21.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.09M and boasts a workforce of 17 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 0.1554, with a change in price of -0.2558. Similarly, Kintara Therapeutics Inc recorded 11,786,980 in trading volume during the last 100 days, posting a change of -69.91%.
KTRA Stock Stochastic Average
The raw stochastic average for Kintara Therapeutics Inc over the last 50 days is presently at 18.30%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 15.65%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.90% and 25.25%, respectively.
KTRA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -35.08%. However, over the last six months, the performance has been stronger by -96.95%. The price of KTRA increased 9.88% over the last 30 days. And in the last five days, it has fallen by -18.14%.
