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. Iovance Biotherapeutics Inc’s current trading price is -50.52% away from its 52-week high, while its distance from the 52-week low is 182.55%. The stock’s price range during this period has varied between $3.21 and $18.33. The company, active in the Healthcare sector, saw a trading volume of around 2.58 million for the day, considerably lower average daily volume of 6.49 million observed over the last three months.
Iovance Biotherapeutics Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $18.33 on 02/28/24, and the lowest price during the same period was recorded at $3.21 on 10/19/23.
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How Financial Performance Impacts Market Capitalization
Iovance Biotherapeutics Inc (IOVA) has experienced a quarterly decline of -23.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.54B and boasts a workforce of 557 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 11.66, with a change in price of -6.56. Similarly, Iovance Biotherapeutics Inc recorded 7,129,898 in trading volume during the last 100 days, posting a change of -41.57%.
How IOVA’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 IOVA stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.11.
IOVA Stock Stochastic Average
As of today, the raw stochastic average of Iovance Biotherapeutics Inc over the past 50 days is 28.97%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 95.56%. Additionally, the Stochastic %K and %D values for the company were 84.74% and 71.66%, respectively, over the past 20 days.
IOVA 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. Year to date metric has recorded a gain of 11.56%.However, over the last six months, we can see a weaker performance of 0.67%. Over the last 30 days, the price of IOVA has fallen by 7.59%. And in the last five days, it has surged by 20.29%.