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. Kiora Pharmaceuticals Inc’s current trading price is -88.96% away from its 52-week high, while its distance from the 52-week low is 28.46%. The stock’s price range during this period has varied between $0.45 and $5.25. The company, active in the Healthcare sector, saw a trading volume of around 1.26 million for the day, considerably lower average daily volume of 1.66 million observed over the last three months.
Kiora Pharmaceuticals Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $5.25 on 04/27/23, and the lowest price during that time was $0.45, recorded on 04/22/24.
How Financial Performance Impacts Market Capitalization
Kiora Pharmaceuticals Inc (KPRX) has experienced a quarterly decline of -0.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.22M and boasts a workforce of 12 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 0.5942, with a change in price of +0.0588. Similarly, Kiora Pharmaceuticals Inc recorded 1,078,345 in trading volume during the last 100 days, posting a change of +11.29%.
How KPRX’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 KPRX stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
KPRX Stock Stochastic Average
As of today, the raw stochastic average of Kiora Pharmaceuticals Inc over the past 50 days is 42.96%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 47.75%. Additionally, the Stochastic %K and %D values for the company were 21.52% and 12.49%, respectively, over the past 20 days.
KPRX Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 10.93%. However, over the past six months, we’ve seen a stronger performance of -3.90%. The price of KPRX leaped by -3.42% over the last 30 days. And in the last five days, it has surged by 5.40%.
