Adaptive Biotechnologies Corp’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $6.34 on 09/26/23 and a low of $2.28 for the same time frame on 04/19/24.
52-week price history of ADPT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Adaptive Biotechnologies Corp’s current trading price is -32.81% away from its 52-week high, while its distance from the 52-week low is 86.84%. The stock’s price range during this period has spanned from $2.28 to $6.34. In the Healthcare sector, the Adaptive Biotechnologies Corp’s shares surpassed a trading volume of approximately 0.67 million for the day, which was noticeably lower compared to the average daily volume of 9.1.29 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Adaptive Biotechnologies Corp (ADPT) has experienced a quarterly rise of 29.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 628.22M and boasts a workforce of 709 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 3.96, with a change in price of +1.64. Similarly, Adaptive Biotechnologies Corp recorded 1,332,849 in trading volume during the last 100 days, posting a change of +62.60%.
Examining ADPT’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 ADPT stands at 0.94. Similarly, the long-term debt-to-equity ratio is also 0.90.
ADPT Stock Stochastic Average
Today, Adaptive Biotechnologies Corp’s raw stochastic average for the past 50 days stands at 34.73%, indicating a rise from the raw stochastic average of the last 20 days, which was 19.55%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 53.45% and 61.89% respectively.
ADPT 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. Until today this year the stock’s price performance recorded a decrease of -13.06%. However, over the last six months, the performance has been weaker by 31.48%. The price of ADPT decreased -3.18% over the last 30 days. And in the last five days, it has fallen by -7.19%.
