In terms of market performance, Notable Labs Ltd had a fairly uneven. The highest value for the stock in the past year was $11.20 on 07/13/23, and the lowest value was recorded at $0.83 on 04/16/24.
52-week price history of NTBL Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Notable Labs Ltd’s current trading price is -86.50% away from its 52-week high, while its distance from the 52-week low is 81.48%. The stock’s price range during the 52-week period has remained between $0.83 and $11.20. In the Healthcare sector, the company’s shares saw a trading volume of around 13.32 million for the day, which was evidently higher than the average daily volume of 89520.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Notable Labs Ltd (NTBL) has experienced a quarterly rise of 22.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 117.37M.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4233, with a change in price of -1.7400. Similarly, Notable Labs Ltd recorded 272,648 in trading volume during the last 100 days, posting a change of -54.72%.
Examining NTBL’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NTBL stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
NTBL Stock Stochastic Average
Notable Labs Ltd’s raw stochastic average for the past 50 days is presently 54.83%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 60.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 58.24% and 41.61%, respectively.
NTBL Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -20.02%. However, over the last six months, the performance has been stronger by -48.93%. The price of NTBL increased 23.91% over the last 30 days. And in the last five days, it has surged by 59.13%.
