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. Maravai LifeSciences Holdings Inc’s current trading price is -53.49% away from its 52-week high, while its distance from the 52-week low is 71.02%. The stock’s price range during this period has varied between $4.52 and $16.62. The company, active in the Healthcare sector, saw a trading volume of around 1.8 million for the day, considerably lower average daily volume of 2.74 million observed over the last three months.
Maravai LifeSciences Holdings Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $16.62 on 05/16/23, while the lowest price during the same period was $4.52 on 11/09/23.
How Financial Performance Impacts Market Capitalization
Maravai LifeSciences Holdings Inc (MRVI) has experienced a quarterly rise of 24.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.02B and boasts a workforce of 650 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 6.72, with a change in price of +2.80. Similarly, Maravai LifeSciences Holdings Inc recorded 2,483,487 in trading volume during the last 100 days, posting a change of +56.80%.
How MRVI’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 MRVI stands at 1.47. Similarly, the long-term debt-to-equity ratio is also 1.44.
MRVI Stock Stochastic Average
As of today, the raw stochastic average of Maravai LifeSciences Holdings Inc over the last 50 days is at 69.29%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 4.42%. Further, the company’s Stochastic %K and %D values for the last 20 days were 27.48% and 48.05%, respectively.
MRVI 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. This year’s metric has recorded a Price increase of 18.02%. However, over the past six months, we’ve seen a weaker performance of 2.52%. The price of MRVI leaped by -2.89% over the last 30 days. And in the last five days, it has fallen by -10.12%.
