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. Corcept Therapeutics Inc’s current trading price is -34.30% away from its 52-week high, while its distance from the 52-week low is 7.91%. The stock’s price range over this period has fluctuated between $20.87 and $34.28. The company, operating within the financial sector, had a trading volume of approximately 2.94 million for the day, which was noticeably higher than the average daily share volume of 1.21 million over the last 3 months.
In terms of market performance, Corcept Therapeutics Inc had a fairly even. The highest value for the stock in the past year was $34.28 on 09/14/23, and the lowest value was recorded at $20.87 on 04/22/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Corcept Therapeutics Inc (CORT) has experienced a quarterly decline of -4.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.33B and boasts a workforce of 352 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 24.94, with a change in price of -2.80. Similarly, Corcept Therapeutics Inc recorded 1,288,474 in trading volume during the last 100 days, posting a change of -11.08%.
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 CORT stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
CORT Stock Stochastic Average
Today’s raw stochastic average for Corcept Therapeutics Inc over the last 50 days is 30.99%.This indicates a increase from the raw stochastic average of the past 20 days, which was 30.99%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 14.85% and 10.43%, respectively.
CORT 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 decrease of -30.67%. However, over the past six months, we’ve seen a stronger performance of -19.57%. The price of CORT leaped by -9.01% over the last 30 days. And in the last five days, it has fallen by -2.72%.
