Sutro Biopharma Inc (STRO) Stock: A 52-Week Tale of Drops and Gains

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. Sutro Biopharma Inc’s current trading price is -38.66% away from its 52-week high, while its distance from the 52-week low is 87.53%. The stock’s price range during this period has varied between $2.01 and $6.13. The company, active in the Healthcare sector, saw a trading volume of around 0.62 million for the day, considerably lower average daily volume of 1.03 million observed over the last three months.

Sutro Biopharma Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $6.13 on 03/28/24, with the lowest value being $2.01 on 11/13/23.

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How Financial Performance Impacts Market Capitalization

Sutro Biopharma Inc (STRO) has experienced a quarterly decline of -21.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 307.53M and boasts a workforce of 302 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 4.31, with a change in price of -0.24. Similarly, Sutro Biopharma Inc recorded 903,058 in trading volume during the last 100 days, posting a change of -6.00%.

How STRO’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 STRO stands at 1.88. Similarly, the long-term debt-to-equity ratio is also 1.81.

STRO Stock Stochastic Average

As of today, the raw stochastic average of Sutro Biopharma Inc over the past 50 days is 16.25%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 0.00%. Additionally, the Stochastic %K and %D values for the company were 11.72% and 14.49%, respectively, over the past 20 days.

STRO Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -12.35% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 32.39%. Over the past 30 days, the price of STRO has leaped by -11.53%. And in the last five days, it has fallen by -13.16%.

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