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. Abeona Therapeutics Inc’s current trading price is -60.79% away from its 52-week high, while its distance from the 52-week low is 24.82%. The stock’s price range over this period has fluctuated between $2.83 and $9.01. The company, operating within the financial sector, had a trading volume of approximately 3.58 million for the day, which was noticeably higher than the average daily share volume of 0.37 million over the last 3 months.
Abeona Therapeutics Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $9.01 on 03/06/24, while the lowest price for the same period was registered at $2.83 on 08/08/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Abeona Therapeutics Inc (ABEO) has experienced a quarterly decline of -27.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 96.65M and boasts a workforce of 84 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.18, with a change in price of -1.45. Similarly, Abeona Therapeutics Inc recorded 339,371 in trading volume during the last 100 days, posting a change of -29.23%.
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 ABEO stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.30.
ABEO Stock Stochastic Average
Today’s raw stochastic average for Abeona Therapeutics Inc over the last 50 days is 1.06%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 1.18%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 19.82% and 31.63%, respectively.
ABEO 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. Year to date metric has recorded a loss of -29.49%.However, over the last six months, we can see a stronger performance of -14.68%. Over the last 30 days, the price of ABEO has leaped by -53.58%. And in the last five days, it has fallen by -54.48%.
