The market performance of ReShape Lifesciences Inc.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $0.68 on 09/21/23, while the lowest value for the same duration was $0.12 on 09/20/24.
52-week price history of RSLS Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. ReShape Lifesciences Inc.’s current trading price is -83.51% away from its 52-week high, while its distance from the 52-week low is -9.24%. The stock’s price range during the 52-week period has remained between $0.12 and $0.68. In the Healthcare sector, the company’s shares saw a trading volume of around 2.44 million for the day, which was evidently higher than the average daily volume of 1.33 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
ReShape Lifesciences Inc. (RSLS) has experienced a quarterly decline of -42.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.29M and boasts a workforce of 31 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 0.1890, with a change in price of -0.0502. Similarly, ReShape Lifesciences Inc. recorded 4,286,159 in trading volume during the last 100 days, posting a change of -30.95%.
Examining RSLS’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 RSLS stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.03.
RSLS Stock Stochastic Average
ReShape Lifesciences Inc.’s raw stochastic average for the past 50 days is presently 1.54%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 2.86%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.99% and 28.57%, respectively.
RSLS 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. This year’s metric has recorded a Price decrease of -55.15%. However, over the past six months, we’ve seen a stronger performance of -37.08%. The price of RSLS leaped by -33.41% over the last 30 days. And in the last five days, it has fallen by -33.25%.
