Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -37.66%. However, over the past six months, we’ve seen a stronger performance of -35.77%. The price of ATRC leaped by -15.97% over the last 30 days. And in the last five days, it has fallen by -1.59%.
In terms of market performance, Atricure Inc had a fairly uneven. The highest value for the stock in the past year was $59.61 on 07/26/23, and the lowest value was recorded at $22.07 on 05/02/24.
52-week price history of ATRC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Atricure Inc’s current trading price is -62.67% away from its 52-week high, while its distance from the 52-week low is 0.82%. The stock’s price range during this period has varied between$22.07 and $59.61. The Atricure Inc’s shares, which operate in the Healthcare, saw a trading volume of around 1.14 million for the day, a figure considerably higher than their average daily volume of 0.75 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Atricure Inc (ATRC) has experienced a quarterly decline of -33.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.08B and boasts a workforce of 1200 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 31.67, with a change in price of -11.29. Similarly, Atricure Inc recorded 654,394 in trading volume during the last 100 days, posting a change of -33.76%.
ATRC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ATRC stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.16.
ATRC Stock Stochastic Average
Atricure Inc’s raw stochastic average for the past 50 days is presently 10.40%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 26.34%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 37.20% and 31.57%, respectively.
