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Nurix Therapeutics Inc (NRIX) Stock: Uncovering a 52-Week Range and Trading Volume

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A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Nurix Therapeutics Inc’s current trading price is -12.25% away from its 52-week high, while its distance from the 52-week low is 276.78%. The stock’s price range for this time frame has been between $4.22 and $18.12. The trading volume of the company’s shares in the Healthcare reached around 0.98 million for the day, which was evidently lower than the average daily volume of 1.08 million over the last three months.

Nurix Therapeutics Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $18.12 on 04/11/24, and the lowest price during the same period was recorded at $4.22 on 10/26/23.

How Financial Performance Impacts Market Capitalization

Nurix Therapeutics Inc (NRIX) has experienced a quarterly rise of 72.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 943.19M and boasts a workforce of 284 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 11.83, with a change in price of +6.07. Similarly, Nurix Therapeutics Inc recorded 934,693 in trading volume during the last 100 days, posting a change of +61.75%.

How NRIX’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 NRIX stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.13.

NRIX Stock Stochastic Average

The raw stochastic average for Nurix Therapeutics Inc over the last 50 days is presently at 64.31%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 85.65%. Further, the company’s Stochastic %K and %D values for the last 20 days were 78.60% and 61.44%, respectively.

NRIX Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 54.07%. However, over the past six months, we’ve seen a weaker performance of 202.28%. The price of NRIX fallen by 8.53% over the last 30 days. And in the last five days, it has surged by 13.73%.

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