The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Tenax Therapeutics Inc’s current trading price is -94.10% away from its 52-week high, while its distance from the 52-week low is 30.32%. The stock’s price range for this period has been between $2.77 and $61.20 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 24.55 million for the day, a number notably higher than the average daily volume of 19990.0 over the last three months.
Tenax Therapeutics Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $61.20 on 11/14/23, while the lowest value for the same period was recorded at $2.77 on 06/24/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Tenax Therapeutics Inc (TENX) has experienced a quarterly decline of -2.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.08M and boasts a workforce of 5 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.51, with a change in price of -0.10. Similarly, Tenax Therapeutics Inc recorded 265,867 in trading volume during the last 100 days, posting a change of -2.60%.
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 TENX stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.00.
TENX Stock Stochastic Average
Tenax Therapeutics Inc’s raw stochastic average for the past 50 days is presently 44.56%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 43.83%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 28.72% and 34.03%, respectively.
TENX 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. Year to date metric has recorded a loss of -83.57%.However, over the last six months, we can see a stronger performance of -58.60%. Over the last 30 days, the price of TENX has fallen by 13.88%. And in the last five days, it has surged by 6.18%.
