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A Tale of Resilience: Relay Therapeutics Inc Amid Stock Market Turbulence

Relay Therapeutics Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $12.14 on 01/08/24, and the lowest price during that time was $5.70, recorded on 04/24/24.

52-week price history of RLAY Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Relay Therapeutics Inc’s current trading price is -39.04% away from its 52-week high, while its distance from the 52-week low is 29.82%. The stock’s price range during this period has fluctuated between $5.70 and $12.14. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 2.11 million for the day, which was evidently higher than the average daily volume of 1.85 million over the last three months.

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Financial Performance and Market Capitalization

Relay Therapeutics Inc (RLAY) has experienced a quarterly rise of 17.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.20B and boasts a workforce of 323 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.25, with a change in price of +0.36. Similarly, Relay Therapeutics Inc recorded 1,690,842 in trading volume during the last 100 days, posting a change of +5.11%.

RLAY Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RLAY stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.07.

RLAY Stock Stochastic Average

The raw stochastic average for Relay Therapeutics Inc over the last 50 days is presently at 28.14%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 28.14%. Further, the company’s Stochastic %K and %D values for the last 20 days were 24.89% and 26.09%, respectively.

RLAY Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -32.79%. However, over the past six months, we’ve seen a stronger performance of -9.31%. The price of RLAY fallen by 3.64% over the last 30 days. And in the last five days, it has fallen by -5.85%.

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