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. SpringWorks Therapeutics Inc’s current trading price is -21.62% away from its 52-week high, while its distance from the 52-week low is 134.78%. The stock’s price range during this period has varied between $18.00 and $53.92. The company, active in the Healthcare sector, saw a trading volume of around 0.76 million for the day, considerably lower average daily volume of 1.15 million observed over the last three months.
SpringWorks Therapeutics Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $53.92 on 03/08/24, and the lowest price during that time was $18.00, recorded on 11/13/23.
How Financial Performance Impacts Market Capitalization
SpringWorks Therapeutics Inc (SWTX) has experienced a quarterly decline of -5.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.13B and boasts a workforce of 305 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 44.46, with a change in price of +7.70. Similarly, SpringWorks Therapeutics Inc recorded 1,121,654 in trading volume during the last 100 days, posting a change of +22.28%.
How SWTX’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 SWTX stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
SWTX Stock Stochastic Average
As of today, the raw stochastic average of SpringWorks Therapeutics Inc over the past 50 days is 22.37%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 36.13%. Additionally, the Stochastic %K and %D values for the company were 63.19% and 67.13%, respectively, over the past 20 days.
SWTX 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 15.78%. However, over the past six months, we’ve seen a weaker performance of 87.41%. The price of SWTX leaped by -4.43% over the last 30 days. And in the last five days, it has fallen by -9.78%.
