NovoCure Ltd’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $24.74 on 05/20/24 and a low of $10.87 for the same time frame on 11/13/23.
52-week price history of NVCR 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. NovoCure Ltd’s current trading price is -41.22% away from its 52-week high, while its distance from the 52-week low is 33.76%. The stock’s price range during the 52-week period has remained between $10.87 and $24.74. In the Healthcare sector, the company’s shares saw a trading volume of around 0.66 million for the day, which was evidently lower than the average daily volume of 1.06 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
NovoCure Ltd (NVCR) has experienced a quarterly decline of -13.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.57B and boasts a workforce of 1453 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 19.01, with a change in price of -1.93. Similarly, NovoCure Ltd recorded 1,306,323 in trading volume during the last 100 days, posting a change of -11.72%.
Examining NVCR’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 NVCR stands at 1.87. Similarly, the long-term debt-to-equity ratio is also 1.87.
NVCR Stock Stochastic Average
NovoCure Ltd’s raw stochastic average for the past 50 days is presently 1.06%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 2.26%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.99% and 9.21%, respectively.
NVCR Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price loss of -2.61% this year. Over the last six months, there has been a weaker performance of 1.75%. The price of NVCR leaped by -12.93% during the last 30 days period. For the last 5-days stocks have slided -7.09%.
