Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Virios Therapeutics Inc’s current trading price is -87.12% away from its 52-week high, while its distance from the 52-week low is -11.26%. The stock’s price range during this period has varied between $0.15 and $1.04. The company, active in the Healthcare sector, saw a trading volume of around 3.02 million for the day, considerably higher average daily volume of 0.96 million observed over the last three months.
In terms of market performance, Virios Therapeutics Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $1.04 on 11/10/23, while the lowest value was $0.15 on 10/07/24.
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How Financial Performance Impacts Market Capitalization
Virios Therapeutics Inc (VIRI) has experienced a quarterly decline of -48.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.72M and boasts a workforce of 4 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 0.2153, with a change in price of -0.2509. Similarly, Virios Therapeutics Inc recorded 1,305,888 in trading volume during the last 100 days, posting a change of -65.70%.
How VIRI’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 VIRI stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
VIRI Stock Stochastic Average
As of today, the raw stochastic average of Virios Therapeutics Inc over the last 50 days is at 4.39%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 4.89%. Further, the company’s Stochastic %K and %D values for the last 20 days were 11.99% and 11.31%, respectively.
VIRI Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -76.70%. However, over the last six months, the performance has been stronger by -70.26%. The price of VIRI decreased -24.72% over the last 30 days. And in the last five days, it has fallen by -21.18%.