logo

Procept BioRobotics Corp’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

Procept BioRobotics Corp’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $54.79 on 05/01/24, and the lowest price during that time was $24.83, recorded on 10/30/23.

52-week price history of PRCT Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Procept BioRobotics Corp’s current trading price is 10.62% away from its 52-week high, while its distance from the 52-week low is 144.10%. The stock’s price range for this period has remained between $24.83 and $54.79. The Healthcare sector company’s shares managed to surpass a trading volume of around 2.13 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.5 million over the last three months.

Financial Performance and Market Capitalization

Procept BioRobotics Corp (PRCT) has experienced a quarterly rise of 30.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.12B and boasts a workforce of 626 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 47.39, with a change in price of +21.99. Similarly, Procept BioRobotics Corp recorded 530,016 in trading volume during the last 100 days, posting a change of +56.94%.

PRCT Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PRCT stands at 0.28. Similarly, the long-term debt-to-equity ratio is also 0.28.

PRCT Stock Stochastic Average

As of today, the raw stochastic average of Procept BioRobotics Corp over the past 50 days is 85.33%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 85.03%. Additionally, the Stochastic %K and %D values for the company were 78.58% and 73.94%, respectively, over the past 20 days.

PRCT Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price gain of 44.62% this year. Over the last six months, there has been a weaker performance of 143.51%. The price of PRCT fallen by 30.18% during the last 30 days period. For the last 5-days stocks have improved 15.49%.

Most Popular