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. Doximity Inc’s current trading price is -36.91% away from its 52-week high, while its distance from the 52-week low is 18.18%. The stock’s price range over this period has fluctuated between $19.71 and $36.92. The company, operating within the financial sector, had a trading volume of approximately 0.44 million for the day, which was noticeably lower than the average daily share volume of 1.66 million over the last 3 months.
In terms of market performance, Doximity Inc had a fairly uneven. The highest value for the stock in the past year was $36.92 on 04/28/23, and the lowest value was recorded at $19.71 on 09/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Doximity Inc (DOCS) has experienced a quarterly decline of -21.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.35B and boasts a workforce of 977 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 27.42, with a change in price of +0.12. Similarly, Doximity Inc recorded 1,704,272 in trading volume during the last 100 days, posting a change of +0.52%.
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 DOCS stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
DOCS Stock Stochastic Average
Today’s raw stochastic average for Doximity Inc over the last 50 days is 1.41%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 2.79%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 4.43% and 6.91%, respectively.
DOCS 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 -16.93%. However, over the past six months, we’ve seen a weaker performance of 2.07%. The price of DOCS leaped by -13.70% over the last 30 days. And in the last five days, it has fallen by -6.15%.
