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QGEN’s Market Quandary: Decoding the Ups and Downs of 2023

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. Year to date metric has recorded a gain of 0.27%.However, over the last six months, we can see a weaker performance of 5.91%. Over the last 30 days, the price of QGEN has leaped by -1.40%. And in the last five days, it has fallen by -3.29%.

The stock market performance of Qiagen NV has been very steady. Over the last year, the company’s stock hit its highest at $47.44 on 08/22/24, while the lowest price during the same time frame was $34.74, recorded on 10/30/23.

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52-week price history of QGEN Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Qiagen NV’s current trading price is -8.22% away from its 52-week high, while its distance from the 52-week low is 25.35%. The stock’s price range for this period has been between $34.74 and $47.44. The Healthcare sector company’s shares saw a trading volume of about 1.72 million for the day, which was higher than the average daily volume of 1.26 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Qiagen NV (QGEN) has experienced a quarterly rise of 5.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.66B and boasts a workforce of 5967 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 44.08, with a change in price of -0.07. Similarly, Qiagen NV recorded 1,184,583 in trading volume during the last 100 days, posting a change of -0.16%.

QGEN’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for QGEN stands at 0.41. Similarly, the long-term debt-to-equity ratio is also 0.27.

QGEN Stock Stochastic Average

As of today, the raw stochastic average of Qiagen NV over the past 50 days is 26.28%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 4.08%. Additionally, the Stochastic %K and %D values for the company were 16.64% and 32.82%, respectively, over the past 20 days.

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