Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Humacyte Inc’s current trading price is -45.36% away from its 52-week high, while its distance from the 52-week low is 56.12%. The stock’s price range during this period has varied between $1.96 and $5.60. The company, active in the Healthcare sector, saw a trading volume of around 1.42 million for the day, considerably higher average daily volume of 1.05 million observed over the last three months.
Humacyte Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $5.60 on 05/08/23, and the lowest price during that time was $1.96, recorded on 11/01/23.
How Financial Performance Impacts Market Capitalization
Humacyte Inc (HUMA) has experienced a quarterly rise of 19.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 364.38M and boasts a workforce of 183 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 3.16, with a change in price of +0.49. Similarly, Humacyte Inc recorded 812,060 in trading volume during the last 100 days, posting a change of +19.07%.
How HUMA’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for HUMA stands at 4.29. Similarly, the long-term debt-to-equity ratio is also 4.10.
HUMA Stock Stochastic Average
As of today, the raw stochastic average of Humacyte Inc over the last 50 days is at 12.21%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 29.41%. Further, the company’s Stochastic %K and %D values for the last 20 days were 14.90% and 12.78%, respectively.
HUMA Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 7.75% this year. Over the last six months, there has been a weaker performance of 18.60%. The price of HUMA leaped by -5.56% during the last 30 days period. For the last 5-days stocks have improved 0.66%.
