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BNTC Stock on the Rise: A Promising Investment

Benitec Biopharma Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $9.01 on 06/26/23, and the lowest price during the same period was recorded at $1.86 on 08/09/23.

52-week price history of BNTC Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Benitec Biopharma Inc’s current trading price is -33.85% away from its 52-week high, while its distance from the 52-week low is 220.44%. The stock’s price range during this period has fluctuated between $1.86 and $9.01. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 2.46 million for the day, which was evidently higher than the average daily volume of 18720.0 over the last three months.

Financial Performance and Market Capitalization

Benitec Biopharma Inc (BNTC) has experienced a quarterly rise of 85.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.44M and boasts a workforce of 18 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.90, with a change in price of +1.84. Similarly, Benitec Biopharma Inc recorded 38,348 in trading volume during the last 100 days, posting a change of +52.27%.

BNTC Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BNTC stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.01.

BNTC Stock Stochastic Average

Benitec Biopharma Inc’s raw stochastic average for the past 50 days is currently at 69.63%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 34.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 13.15% and 11.83%, respectively.

BNTC Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 84.52% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 74.78%. Over the past 30 days, the price of BNTC has fallen by 17.56%. And in the last five days, it has fallen by -4.33%.