Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Nuvation Bio Inc’s current trading price is -37.98% away from its 52-week high, while its distance from the 52-week low is 171.58%. The stock’s price range over this period has fluctuated between $0.95 and $4.16. The company, operating within the financial sector, had a trading volume of approximately 0.99 million for the day, which was noticeably lower than the average daily share volume of 1.28 million over the last 3 months.
In terms of market performance, Nuvation Bio Inc had a fairly even. The highest value for the stock in the past year was $4.16 on 03/28/24, and the lowest value was recorded at $0.95 on 11/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nuvation Bio Inc (NUVB) has experienced a quarterly rise of 72.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 565.15M and boasts a workforce of 51 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.96, with a change in price of +1.32. Similarly, Nuvation Bio Inc recorded 1,144,366 in trading volume during the last 100 days, posting a change of +104.76%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NUVB stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.
NUVB Stock Stochastic Average
Today’s raw stochastic average for Nuvation Bio Inc over the last 50 days is 39.00%.This indicates a increase from the raw stochastic average of the past 20 days, which was 36.55%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 41.10% and 45.03%, respectively.
NUVB Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 70.86%. However, over the past six months, we’ve seen a weaker performance of 115.00%. The price of NUVB fallen by 29.00% over the last 30 days. And in the last five days, it has fallen by -18.10%.
