The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Elanco Animal Health Inc’s current trading price is -25.00% away from its 52-week high, while its distance from the 52-week low is 65.49%. The stock’s price range for this period has been between $8.52 and $18.80 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 6.51 million for the day, a number notably higher than the average daily volume of 5.02 million over the last three months.
Elanco Animal Health Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $18.80 on 06/12/24 and the lowest value was $8.52 on 10/27/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Elanco Animal Health Inc (ELAN) has experienced a quarterly decline of -11.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.97B and boasts a workforce of 9800 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.98, with a change in price of -1.92. Similarly, Elanco Animal Health Inc recorded 4,631,088 in trading volume during the last 100 days, posting a change of -11.99%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ELAN stands at 0.95. Similarly, the long-term debt-to-equity ratio is also 0.95.
ELAN Stock Stochastic Average
As of today, Elanco Animal Health Inc’s raw stochastic average for the last 50 days stands at 23.08%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 9.27%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 12.48% and 26.96%, respectively.
ELAN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a loss of -5.37%.However, over the last six months, we can see a stronger performance of -5.62%. Over the last 30 days, the price of ELAN has leaped by -19.89%. And in the last five days, it has fallen by -22.31%.
