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. Akili Inc’s current trading price is -73.39% away from its 52-week high, while its distance from the 52-week low is 132.43%. The stock’s price range during this period has varied between $0.19 and $1.67. 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 3.92 million observed over the last three months.
Akili 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 $1.67 on 06/09/23, while the lowest price during the same period was $0.19 on 02/23/24.
How Financial Performance Impacts Market Capitalization
Akili Inc (AKLI) has experienced a quarterly rise of 85.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 34.93M.
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 0.3225, with a change in price of +0.0384. Similarly, Akili Inc recorded 2,499,715 in trading volume during the last 100 days, posting a change of +9.46%.
How AKLI’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 AKLI stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.09.
AKLI Stock Stochastic Average
As of today, the raw stochastic average of Akili Inc over the last 50 days is at 85.24%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 85.24%. Further, the company’s Stochastic %K and %D values for the last 20 days were 76.07% and 74.08%, respectively.
AKLI 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 -8.77%. However, over the past six months, we’ve seen a stronger performance of -1.77%. The price of AKLI fallen by 80.14% over the last 30 days. And in the last five days, it has surged by 8.71%.
