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. Pediatrix Medical Group Inc’s current trading price is -43.41% away from its 52-week high, while its distance from the 52-week low is 10.39%. The stock’s price range during this period has varied between $7.70 and $15.02. The company, active in the Healthcare sector, saw a trading volume of around 1.1 million for the day, considerably higher average daily volume of 0.71 million observed over the last three months.
Pediatrix Medical Group Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $15.02 on 08/10/23, while the lowest price during the same period was $7.70 on 02/20/24.
How Financial Performance Impacts Market Capitalization
Pediatrix Medical Group Inc (MD) has experienced a quarterly decline of -4.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 715.02M.
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 9.27, with a change in price of -1.04. Similarly, Pediatrix Medical Group Inc recorded 737,280 in trading volume during the last 100 days, posting a change of -10.90%.
How MD’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 MD stands at 0.91. Similarly, the long-term debt-to-equity ratio is also 0.91.
MD Stock Stochastic Average
As of today, the raw stochastic average of Pediatrix Medical Group Inc over the last 50 days is at 9.68%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 10.59%. Further, the company’s Stochastic %K and %D values for the last 20 days were 31.06% and 44.76%, respectively.
MD 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. This year’s metric has recorded a Price decrease of -8.60%. However, over the past six months, we’ve seen a stronger performance of -12.46%. The price of MD leaped by -10.99% over the last 30 days. And in the last five days, it has fallen by -5.66%.
