Caredx Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $17.03 on 07/16/24, while the lowest value for the same period was recorded at $4.80 on 10/27/23.
52-week price history of CDNA Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Caredx Inc’s current trading price is 9.04% away from its 52-week high, while its distance from the 52-week low is 286.87%. The stock’s price range during this period has spanned from $4.80 to $17.03. In the Healthcare sector, the Caredx Inc’s shares surpassed a trading volume of approximately 1.06 million for the day, which was noticeably higher compared to the average daily volume of 9.0.83 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Caredx Inc (CDNA) has experienced a quarterly rise of 126.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 967.13M and boasts a workforce of 643 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.02, with a change in price of +10.33. Similarly, Caredx Inc recorded 834,257 in trading volume during the last 100 days, posting a change of +125.36%.
Examining CDNA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CDNA stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.10.
CDNA Stock Stochastic Average
Today’s raw stochastic average for Caredx Inc over the last 50 days is 97.18%.This indicates a increase from the raw stochastic average of the past 20 days, which was 95.31%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 86.40% and 80.04%, respectively.
CDNA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 54.75% this year. Over the last six months, there has been a weaker performance of 68.66%. The price of CDNA fallen by 27.10% during the last 30 days period. For the last 5-days stocks have improved 27.02%.
