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 -40.81% away from its 52-week high, while its distance from the 52-week low is 237.98%. 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 2.02 million for the day, considerably lower average daily volume of 7.3 million observed over the last three months.
Iovance Biotherapeutics Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $18.33 on 02/28/24, while the lowest price during the same period was $3.21 on 10/19/23.
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How Financial Performance Impacts Market Capitalization
Iovance Biotherapeutics Inc (IOVA) has experienced a quarterly rise of 5.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.29B 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 10.08, with a change in price of -3.21. Similarly, Iovance Biotherapeutics Inc recorded 6,436,211 in trading volume during the last 100 days, posting a change of -22.85%.
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 0.11. Similarly, the long-term debt-to-equity ratio is also 0.09.
IOVA Stock Stochastic Average
As of today, the raw stochastic average of Iovance Biotherapeutics Inc over the last 50 days is at 97.14%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 97.14%. Further, the company’s Stochastic %K and %D values for the last 20 days were 92.87% and 89.81%, respectively.
IOVA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 33.44%. However, over the past six months, we’ve seen a weaker performance of 18.57%. The price of IOVA fallen by 36.29% over the last 30 days. And in the last five days, it has surged by 7.58%.
