A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Bristol-Myers Squibb Co.’s current trading price is -11.93% away from its 52-week high, while its distance from the 52-week low is 31.49%. The stock’s price range for this time frame has been between $39.35 and $58.75. The trading volume of the company’s shares in the Healthcare reached around 8.76 million for the day, which was evidently lower than the average daily volume of 13.65 million over the last three months.
In terms of market performance, Bristol-Myers Squibb Co. had a somewhat inconsistent run in. The highest value for the stock in the past year was $58.75 on 09/29/23, while the lowest value was $39.35 on 07/05/24.
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How Financial Performance Impacts Market Capitalization
Bristol-Myers Squibb Co. (BMY) has experienced a quarterly rise of 24.58% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 104.90B and boasts a workforce of 34100 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 45.16, with a change in price of +7.57. Similarly, Bristol-Myers Squibb Co. recorded 14,202,708 in trading volume during the last 100 days, posting a change of +17.24%.
How BMY’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 BMY stands at 3.17. Similarly, the long-term debt-to-equity ratio is also 2.96.
BMY Stock Stochastic Average
Bristol-Myers Squibb Co.’s raw stochastic average for the past 50 days is currently at 93.46%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 85.03%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 71.71% and 75.16%, respectively.
BMY 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. The index has shown a price gain of 0.84% this year. Over the last six months, there has been a stronger performance of -4.59%. The price of BMY fallen by 5.46% during the last 30 days period. For the last 5-days stocks have improved 4.72%.
